The concessions, known as PR Mensano and PR Roccastrada, are located in western Tuscany near the town of Larderello, Italy.
The 21,256-hectare Mensano concession lies to the east of Larderello, while the 27,190-hectare Roccastrada concession is to the south of the town.
According to the company, both concessions exhibit the area’s typical sedimentary and metamorphic rock formations and overlie a large inferred heat source that powers the major regional geothermal system.
Magma Energy operates, develops, explores and acquires geothermal energy projects.
