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Tuesday, September 15, 2009

Geothermal Energy News; Ram Power merging with Western Geo and Polaris Geothermal


Ram Power to merge with WGP and GEO

In August 2009, Ram Power Inc. of Reno, Nev., raised almost $180-million ($165m US$) by selling 60-million subscription receipts, which will eventually be converted to shares on the TSX.

Ram is amalgamating operations with those of two other public companies, Western GeoPower Corp. and Polaris Geothermal Inc.

Article on Ram Power takeover / merger of/with Western GeoPower and Polaris Geothermal

Recent geothermal power company financings

Best geothermal energy stocks


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