Sierra Geothermal Power Corp.

Sierra Geothermal Power Corp.

April 06, 2009 09:15 ET

Sierra Geothermal Power Adds Strength to its Board

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 6, 2009) - Sierra Geothermal Power Corp. (TSX VENTURE:SRA) is pleased to announce that it has increased its number of directors from six to seven and appointed Mr. Jerry Evans, MBA, P.Eng, to fill the newly created vacancy on April 1, 2009. Mr. Evans' appointment is subject to Exchange approval.

Mr. Evans brings more than 25 years of corporate finance and investment management experience to SGP's Board. In addition to prior successes in developing, marketing and managing private and public equity pooled funds, Mr. Evans has many years of experience in raising capital for infrastructure, renewable and alternative energy opportunities. Mr. Evans is a Managing Partner at Aurion Infrastructure Inc., a company investing in North American mid-market infrastructure opportunities. Aurion Infrastructure Inc. is owned by its management and Aurion Capital Management Inc., which in turn is 60 percent owned by DundeeWealth Inc. Mr. Evans is a Professional Engineer, and holds a Masters of Business Administration from the University of Western Ontario and a Masters of Applied Science from the University of Toronto.

"We are delighted that Mr. Evans has joined our Board of Directors and believe that his extensive experience and contacts in the finance community should be a tremendous asset to our company." said Director, President and CEO, Gary R. Thompson.

About Sierra Geothermal Power Corp.

SGP is a Vancouver-based renewable energy company focused on the exploration and development of clean, sustainable geothermal power. SGP's 17 projects comprise a total of approximately 90,000 acres of geothermal land assets in Nevada and California with an estimated combined output capacity of over 500 MW. SGP intends to finance the development of its portfolio of projects through a combination of equity and/or joint ventures. To find out more about Sierra Geothermal Power Corp., please visit the website at

On behalf of the Board of Directors

Gary Thompson, P.Geo, President, Chief Executive Officer and Director


This press release contains forward-looking statements. Forward-looking statements are projections of events, revenues, income, future economic performance or management's plans and objectives for future operations. In some cases you can identify forward-looking statements by the use of terminology such as "may", "should", "anticipates", "believes", "expects", "intends", "forecasts", "plans", "future", "strategy", or words of similar meaning. Forward looking statements in this news release include statements about the company's belief that Mr. Evans extensive experience and contacts in the finance community should be a tremendous asset to the company, and the company's intent to finance the development of its portfolio of projects through a combination of equity and/or joint ventures. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, including the risks inherent in our industry, the poor capital markets and other risks identified by us in our periodic filings on SEDAR (which can be viewed at Any of these risks could cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

While these forward-looking statements and any assumptions upon which they are based are made in good faith and reflect our current judgment regarding the direction of its business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested in this press release. Except as required by applicable law, including the securities laws of Canada, we do not intend to update any of the forward-looking statements to conform these statements to actual results.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

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