Geothermal setback
2/3/2012 11:57:50 AM
U.S. Geothermal, the Boise-based developer of the San Emidio geothermal project near Gerlach, says that two large capacitors in the plant's variable frequency drive were defective and need to be replaced. U.S. Geothermal expects to resume commissioning the 8.6 megawatt plant later next week.
Minquest divesture
2/3/2012 11:54:14 AM
Minquest Inc., a privately held mining company headquartered in Reno, has agree to sell its interests in its Patagonia property in Arizona to Regal Resources Inc. of Vancouver. Regal will pay Minquest $800,000, and Minquest will retain a 1.5 percent royalty on mineral returns from the property.
Park Place sale
2/3/2012 10:01:25 AM
Park Place Assisted Living in Reno has been acquired by Ensign Group of
Mission Viejo, Calif., in a cash deal. The 60-unit property is 45 percent
occupied.
Coming next week in NNBW: Aviation-industry cluster continues to grow.
2/3/2012 10:01:12 AM