AER announces Faulkner 1 geothermal plant operations handover
Friday, Feb 07, 2014Alternative Earth Resources Inc. (“Alternative Earth” or “the Company”) (TSX.V: AER) today announced that its Nevada operating subsidiary, Nevada Geothermal Operating Company LLC, has turned over operations at the Faulkner 1 geothermal power plant at Blue Mountain, Nevada to a new operator designated by the project owner. This ends Alternative Earth’s involvement in the project effective February 1, 2014.
Alternative Earth holds leaseholds at four other geothermal properties in the western United States and now directs full attention to advancing its current project interests and assessing new opportunities.
About Alternative Earth Resources Inc.:
Alternative Earth Resources Inc. is an experienced renewable energy developer focusing on the development of CLEAN electrical power from high temperature geothermal resources in the United States. The Company owns geothermal leaseholds comprising the New Truckhaven property in Imperial Valley, California; the Pumpernickel and North Valley properties in northern Nevada; and a 50% interest in the Crump Geyser property which it owns with Ormat Nevada Inc. in Lake County, Oregon. These properties, at different stages of exploration and development, cover aggregate inferred resources totaling approximately 200 MW.
Source: Alternative Earth Resources Inc