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
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Geothermal energy investing presents an exciting opportunity in the renewable energy landscape. With its low environmental impact and consistent power generation, geothermal projects offer long-term sustainability. Investors should consider the growing global focus on clean energy, government incentives, and advancements in geothermal technology.
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