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Home Cyrq Energy Completes Sale of Blue Mountain as Part of Its 5-Year Strategic Plan

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Cyrq Energy Completes Sale of Blue Mountain as Part of Its 5-Year Strategic Plan

SALT LAKE CITY--(BUSINESS WIRE)--Cyrq Energy, LLC (Cyrq) is pleased to announce an agreement to sell its Blue Mountain geothermal power facility in Nevada for $88 million to a subsidiary of Ormat Technologies, Inc. (NYSE:ORA) as part of its five-year strategic plan. With headquarters in Salt Lake City, Cyrq has been a leader in developing and producing geothermal power since 2007. Currently, Cyrq owns several power generating facilities, including the Soda Lake and Patua geothermal power plants...

Read the full news release here

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