Project:Sandbox

Neal Hot Springs
U.S. Geothermal's flagship project and Oregon's first commercial Geothrmal power plant.

It came on-line in November 2012.

Equity Partner: Enbridge (40%), $30 B Energy Pipeline Co.

Project Loan: Lender - U.S. Dept. of Energy, Fixed 2.6% APR, 22 year term, $65.3 M balance (6/30/15), 60% USG / 40% Enbridge.

Power Sales Contract: Idaho Power company, 25 year term, Contract Average Energy Price $126.36 per megawatt-hour.

22 net MW (annual average): Air Cooled, 30 MW (winter), 14 MW (summer).

High Reliability: Availability 2014 average 98.4% (excluding schedule annual overhaul).