The geothermal complex includes three plants with a total power generating capacity of approximately 29MW. Ormat will become the sole owner of the land, power plants and associated equipment, including the rights to over 10,000 acres of undeveloped federal lands.

Dita Bronicki, CEO of Ormat, said: “The Mammoth complex has many strong assets, including an experienced operating team running the facility and a high quality geothermal reservoir. As the sole owner of the complex, we plan to move quickly to expand the facility with a goal to double generation capacity.

“Mammoth offers the same development opportunities that we have exploited in our Steamboat complex, and expect to dramatically increase the capacity of the existing plant through modernization of the equipment and the addition of new equipment with very little resource risk.”