Middle East
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Project Updates
Atlantica Investment Firm acquires Coso geothermal plants in California
Reykjavík Geothermal acted the role of Lead Technical Advisor for a company known as Atlantica Sustainable Infrastructure, on the acquisition of the Coso Geothermal Power Holding in Inyo County, California. The Coso Geothermal Plant was put into operation in the early...
GRMF presents first payments for the drilling grants of both Tulu Moye and Corbetti geothermal projects
Early in the first quarter (February 2021), both the Tulu Moye and Corbetti geothermal projects have received their first payments for the drilling grant established by the Geothermal Risk Mitigation Facility (GRMF) for Eastern Africa. GRMF is an...
Corbetti Geothermal Project reaches Effectiveness from Ethiopian Government
Since the approval of the Geothermal Proclamation Amendment by the Government of Ethiopia in May 2020, Reykjavik Geothermal is pleased to announce that the Corbetti Geothermal project has reached effectiveness! All of the project’s condition presidents have been...
Tulu Moye geothermal project approved for MIGA coverage of the World Bank Group
RG is happy to announce that the Tulu Moye geothermal project has been approved for coverage from the Multilateral Investment Guarantee Agency (MIGA) of the World Bank Group. MIGA is a member of the World Bank Group that promotes cross-border investment in developing...
