Raser Technologies Signs Term Sheet with Ormat Nevada

By Benzinga Staff
October 20, 2010 8:30 AM

Symbols: ORA, RZ

Raser Technologies Inc. (NYSE: RZ) announced today that its subsidiary project company, Lightning Dock Geothermal No. 1, HI-01, LLC, signed a term sheet with Ormat Nevada, Inc., a subsidiary of Ormat Technologies, Inc. (NYSE: ORA), to provide the Engineering, Procurement and Construction of the Lightning Dock, New Mexico geothermal project.

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Raser Technologies Signs Term Sheet with Ormat Nevada

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