Focusing on Geothermal Energy Investors

NEW YORK, Oct. 5 /PRNewswire/ -- Glacier Partners Corp., a corporate advisory firm focused on the Geothermal Energy Sector, has released to the general public its "Geothermal Economics 101" white paper. The paper is accompanied by a financial model "Economics of a 35 MW Binary Cycle Geothermal Plant." This release is done in support of the annual geothermal industry event taking place in Reno, NV organized by the Geothermal Resources Council and the Geothermal Energy Association.

"Little has been written addressing the question that, as a boutique advisory servicing the Geothermal Industry, we at Glacier Partners get asked most often: 'What is the cost to develop a geothermal power plant and the associated returns on investment?' " said Magnus Bjarnason, CEO of Glacier Partners.

Charles Arrigo, Director with Glacier Partners, added: "While every project is unique, it is our goal to provide a framework to begin to answer this key question. Hopefully our model will help interested parties explore how the projects can be financed, and the attractive financial returns investors can obtain in the Geothermal Industry."

While the US Geothermal Industry has received the political and financial support of the Obama Administration through stimulus money in different forms, investor appetite remains scant, delaying several projects under development.

"As an active participant in this exciting growth industry, we hope that helping to educate investors, industry players will gain access to much needed private financing," said Ignacio Kleiman, a Managing Director in New York.

Download the free paper and model at www.GlacierPartnersCorp.com/energy.html.

About Glacier Partners

Glacier Partners Corp. is a specialized corporate advisory firm focused on Geothermal Energy Sector clients. Founded by former Glitnir Capital professionals, Glacier Partners' principals have played a leading role in the geothermal sector providing investment banking services to select clients in the Americas and Iceland. The firm maintains strategic alliances with major Nordic consulting group Capacent, through their Capacent Glacier joint-venture in Iceland and with energy focused investment bank Pritchard Capital Partners in the U.S.

SOURCE Glacier Partners Corp.

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