Ormat Technologies Signs Power Purchase Agreement Amendments
Ormat Technologies announced the signing and approval of an amendments to the existing power purchase agreements with Central Coast Community Energy and Silicon Valley Clean Energy for a portion of the output from the 35MW Casa Diablo-IV geothermal power plant, part of the Company's Mammoth geothermal complex in California. The amended agreements cover a total of 15MW of contracted capacity. The remaining output from the CD4 facility is sold to the Southern California Public Power Authority.