One of our Partners brought this to my attention this morning and I thought it was worthy of a mention. Polaris Geothermal has completed it’s first round of equity financing recently using what looks to be a “spec company” approach – they seem to have a different approach in Canada to getting this done. See the press release here for details. Polaris is developing a 66MW geothermal power generation project near Leon, Nicaragua.


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This entry was posted on Wednesday, January 3rd, 2007 at 2:35 pm and is filed under Business, Geothermal.