Roeder & Company Advises on Geothermal Purchase Power Agreement

Roeder & Company is pleased to announce that they have advised Lightning Dock Geothermal HI-01 LLC (“Lightning Dock”) in connection with the negotiation and execution of a power purchase agreement with PNM Resources of New Mexico. Lightning Dock is a 10 -15MW geothermal project located in southwestern New Mexico and is anticipated to produce clean renewable power for the state of New Mexico.  Lightning Dock is located in highly distressed rural census tract and is a subsidiary of Cyrq Energy, Inc. of Salt Lake City, Utah.  Nick Goodman, CEO of Cyrq stated, “Roeder & Company provided us with the resources we needed to drive the purchase power contract to a conclusion.  We are pleased to have completed such an essential milestone in the development of this project.”  Lightning Dock represents the first utility scale geothermal project in the State of New Mexico. 

For further information please call 503-320-5540.