Deals
Nevada Geothermal to Seek Buyer or Partner for Developments
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Nevada Geothermal Power Inc., the clean-energy company that received U.S. backing for a $98.5 million loan, will seek buyers or joint-venture partners for its four remaining geothermal developments.
Nevada Geothermal is also changing its name and carrying out a 1-for-5 reverse stock split, following a plan shareholders approved last year, the Vancouver-based company said in a statement today. Nevada Geothermal will change its name to Alternative Earth Resources Inc.