SOURCE: Information Forecast, Inc.

September 25, 2007 13:09 ET

Major Players in the Geothermal Market to Meet in San Jose at Industry's First Financial Event

Infocast to Connect Market Players With Financial Community

LOS ANGELES, CA--(Marketwire - September 25, 2007) - A major industry building event, the "Geothermal Finance and Investment Summit," produced by Infocast, will be held in San Jose, California November 14 - 16, 2007.

Geothermal is poised to meet the rapidly growing demand for renewable, zero-carbon power. Expansion opportunities across the US have enormous potential for geothermal energy growth. Recent competitive auctions of lease parcels for geothermal energy resources have brought record prices, including an August 2007 auction that achieved $20 million in bids. The opportunities for geothermal have never been more promising and the financial community sees it as the next big renewable play.

The Summit will bring together leading project developers, investors, lenders, EPC contractors, and other players to share their perspectives on the market for geothermal finance and investment. They will discuss what they are looking for when they get involved in deals, what future opportunities exist for partners and investors, and how to successfully get deals done in 2008 and beyond.

Topics will include:

   Developers offering their perspective on the current market

   Investors discussing criteria used in evaluating geothermal
    investments

   Lenders outlining terms and structures for debt-financing

   Technology companies and EPC contractors providing their
    perspective on physical development of projects

   Utilities discussing plans to purchase geothermal baseload
    to meet RPS requirements

An in-depth full-day workshop, "Financing Geothermal Projects," precedes the Summit. The workshop will provide an in-depth tutorial by top lawyers and consultants on how to best structure a project and allocate risk for maximum project success.

For further information about the Geothermal Finance and Investment Summit, please visit www.infocastinc.com/geotherm.html or call Robert Gallander at (818) 888-4445 ext. 21.

About Infocast

Infocast is an event production company with twenty years of successful industry experience, including a highly successful series of Finance and Investment Summits in wind power, solar power, ethanol, and biodiesel. The Summits are leading events where industry players gather to share their perspectives on the finance and investment market, to establish relationships, network and conduct business.

Contact Information

  • Contact:
    Robert Gallander
    (818) 888-4445 ext. 21.