Benelux_Infrastructure_Forum_171
14 December 2015 2015 03:23 AM GMT

U.S. Geothermal Inc. Applies to Delist Shares From TSX

U.S. Geothermal Inc. has applied for the voluntary delisting of the company’s shares from the Toronto Stock Exchange, but said its its shares will continue to trade on the NYSE market.

“The decision to voluntarily delist from the TSX is due to the very limited trading volume of the company’s shares on the TSX over a sustained period, with more than 97% of trades in the company’s securities over the past 24 months occurring on the NYSE, and only 3% occurring on the TSX,” U.S. Geothermal Inc. said in a statement. The delisting from TSX is expected to take effect as of the close of trading on December 31, 2015.

“We are executing our growth strategy which is very focused on delivering value to our shareholders.” said Dennis Gilles, CEO of US Geothermal. “We are also examining all costs and expenses and this is a prudent step which will favorably impact our bottom line.”

Following delisting from the TSX, the company intends to apply under Canadian securities laws for an order that it cease to be a reporting issuer in Canada. U.S. Geothermal Inc. has a total power generation of approximately 45 megawatts for a portfolio of assets. It has a number of projects in development stages, and expects installed capacity to reach 200 MW by 2020 through a combination of internal development and strategic acquisitions.

August 5th 2017
Invenergy, GE Renewable Energy Announce 2GW Facility: Largest Wind Farm In US

Invenergy and GE Renewable Energy have announced a 2GW wind farm that will be the largest in the U.S. and second-largest in the world, once operational, in 2020. The Wind Catcher facility is under construction in the Oklahoma panhandle and will use 800 state-of-the-art GE 2.5 MW turbines. It will link more than 1.1 million customers with wind energy harvested domestically, saving them more than $7 billion, and will support 4,000 direct and 4,400 indirect jobs annually during construction and 80 permanent jobs once operational. “Wind Catcher shows American leadership in bringing low-cost clean energy to market at Giga scale,” said Invenergy’s Founder and CEO Michael Polsky.

August 17th 2017
Siemens Gamesa Installs Asia’s Tallest Turbines, Whilst Stepping Up Integration

Siemens Gamesa has set a new record in Asia by installing this year the tallest wind turbines on the continent. The turbines are equipped with 153-metre tall towers, and with the 56-metre blades, they reach a total height of 210 metres. Presently, a major focus for the company is the integration of the entities of Siemens and Gamesa. This has the objective of realising the new company’s substantial potential, thanks to its bigger scale and global reach: a presence in more than 90 countries, an installed base of 75 GW, and an order book of €21bn.

August 4th 2017
Enel Awarded 339 MW Of Solar Capacity In Spanish Renewables Tender

Enel S.p.A., acting through its Spanish subsidiary Endesa’s renewable company Enel Green Power España (EGPE), has been awarded 339 MW of solar capacity in Spain. The award followed the tender aiming at collecting 3 GW from renewable energies, launched by the Spanish Government to help the country achieve its target to cover 20% of energy consumption from renewables by 2020. The solar capacity adds to the 540 MW of wind power capacity that EGPE was already awarded last May. “This new milestone confirms our commitment to green energy in Spain, a country which continues to offer growth opportunities for our renewable projects,” said Antonio Cammisecra, Enel’s Head of Global Renewable Energies.