{"id":453,"date":"2008-05-12T07:09:08","date_gmt":"2008-05-12T14:09:08","guid":{"rendered":"http:\/\/montaraventures.com\/energy\/?p=453"},"modified":"2008-05-12T07:09:08","modified_gmt":"2008-05-12T14:09:08","slug":"western-geopower-raises-86m","status":"publish","type":"post","link":"https:\/\/montaraventures.com\/energy\/?p=453","title":{"rendered":"Western GeoPower Raises $8.6M"},"content":{"rendered":"<div style=\"float: right; margin: 10px;\"><center><small>Iceland&#8217;s Blue Lagoon<br \/><img decoding=\"async\" src=\"https:\/\/montaraventures.com\/energy\/wp-content\/uploads\/2008\/05\/bluelagoon.jpg\" alt=\"Iceland's Blue Lagoon made from Geothermal power plant waste\" width=200 height=305 \/><br \/>Attribution: Geysir Green Energy<\/small><\/center><\/div>\n<p>&nbsp;<\/p>\n<p \/>In a previously announced private placement, Geysir Green Energy has consummated the transaction to acquire 13.7% of Western GeoPower raising a $8.6M to continue development of the old Unit 15 project at the Geysers in Northern California. This comes on the heels of <a href=\"https:\/\/montaraventures.com\/energy\/2008\/05\/06\/10mw-well-at-the-geysers\/\" target=\"_blank\" >successful flow tests of the first production well<\/a> on the site. Additionally, Geysir has warrants on 9.3M shares exercisable at $0.35\/share &#8211; in total, Geysir controls 18.8% of WGP&#8217;s outstanding shares which could reach 25% if the warrants are exercised.<br \/>\n<br \/>\nLinks:<br \/>\n<br \/>\n<a href=\"https:\/\/www.geopower.ca\/\" target=\"_blank\" >Western GeoPower<\/a><br \/>\n<a href=\"https:\/\/www.gge.is\/\" target=\"_blank\" >Geysir Green Energy<\/a><br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Iceland&#8217;s Blue LagoonAttribution: Geysir Green Energy &nbsp; In a previously announced private placement, Geysir Green Energy has consummated the transaction to acquire 13.7% of Western GeoPower raising a $8.6M to continue development of the old Unit 15 project at the Geysers in Northern California. This comes on the heels of successful flow tests of the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[9],"tags":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p2gI6x-7j","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/montaraventures.com\/energy\/index.php?rest_route=\/wp\/v2\/posts\/453"}],"collection":[{"href":"https:\/\/montaraventures.com\/energy\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/montaraventures.com\/energy\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/montaraventures.com\/energy\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/montaraventures.com\/energy\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=453"}],"version-history":[{"count":0,"href":"https:\/\/montaraventures.com\/energy\/index.php?rest_route=\/wp\/v2\/posts\/453\/revisions"}],"wp:attachment":[{"href":"https:\/\/montaraventures.com\/energy\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/montaraventures.com\/energy\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/montaraventures.com\/energy\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}