AMEX, HTM - U.S. Geothermal Inc
U.S. Geothermal Inc. (the ?company,? ?GTH? or ?we? or ?us? or words of similar
import) is in the renewable ?green? energy business. Through its subsidiary,
U.S. Geothermal Inc., an Idaho corporation (?Geo-Idaho,? although our references
to the company include and refer to our operations through Geo-Idaho), we are
developing geothermal energy power plants in the Raft River area of Idaho. As
more thoroughly discussed in the section below on Management?s Plan of
Operations, the company has entered into a power purchase agreement, at 10
megawatts (MW), with Idaho Power Company, and is in the process of developing
the power plant for the first phase of production.
Geo-Idaho was formed as an Idaho corporation in February 2002 to conduct
geothermal resource development. ...
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