U.S. Geothermal Inc.
U.S. Geothermal Inc. Provides Year-End Operating Plants Update, Confirms 2016 Guidance and Provides 2017 Guidance
U.S. Geothermal Inc. (the "Company") (NYSE MKT:HTM), a leading and profitable renewable energy company focused on the development, production and sale of electricity from geothermal energy, is pleased to confirm its previous guidance for 2016 and provide guidance for the full year 2017. Audited financial statements and Form 10-K for the fiscal year ended December 31, 2016 are anticipated to be released in mid-March.
"We are very pleased with the exceptionally strong performance from all of our power plants during the fourth quarter and our overall operational execution in 2016, despite some setbacks earlier in the year", said Dennis Gilles, Chief Executive Officer. "We continue to maintain the focus on our goal to add approximately 135 megawatts by 2021 through the continued development of our existing projects, advancements of our near-term development projects and growth through several acquisition opportunities."
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