High Quality Assets

Ram Power has a large portfolio of geothermal projects located in California, Nevada, Nicaragua, and British Columbia with signed power purchase agreements for up to 335 MW in California, and 72 MW in Nicaragua.  The Company’s Imperial Valley, Geyser’s, and Nicaragua projects are all located in regions well known for their world class geothermal resources.  

Long-Life, Renewable Assets

Geothermal energy is power extracted from the heat stored in the earth’s core.  The Earth’s internal heat naturallly flows to the surface by conduction, and is replenished by radioactive decay of minerals.  Consequently, the life-span of geothermal power generating facilities is expected to exceed 50 years.

Experienced Management Team

Ram Power’s management team has well over 140 years of combined experience in oil and gas, mining, infrastructure and geothermal energy.  The core of the executive team has gained its experience at Ormat Technologies (ORA-NYSE), a market leader in geothermal technologies. Ram Power’s management team possess the full gamut of experience in ensuring timely execution – from exploration through to operation. This team, with a vested interest in the Company’s success, brings over 140 years of experience in electrical power project development in the geothermal sector.

Growth Opportunity

As world demand for clean, renewable energy continue to rise, it is expected that by 2015 there will be a shortage of stable and steady sources of power  in the world energy market.  Geothermal power is a cost effective, reliable, sustainable, and environmentally friendly source to meet that demand.  Ram Power has secured land rights to over 161,000 acres in California, Nevada, Canada, and Nicaragua with power purchase agreements totaling 634 MW for development.

Attractive Costs

Geothermal energy production relies on hot water and steam to drive a turbine.  The lack of reliance on fuel (be it fossil fuel or uranium) reduces the fuel price risk associated with many other types of energy production