SODA LAKE GEOTHERMAL POWER PLANT

• Soda Lake - Nevada
• 100% owned
• Nameplate capacity 23 MW - currently operating at 13.5 MW
• Team of experienced geothermal plant operators
• 30 year power purchase agreement
• Geothermal Reporting Code 20 MW Reserves, 41 MW Indicated Resources

• Target Power Purchase Agreement re-price to market
• Elimination of administration, legal, head office charges
• Plans to increase plant output to 37 MW
  • Optimization of current production and reinjection strategy
  • Plant refurbishment and upgrades completed