Open Mountain Energy completes transaction to acquire the Bottle Rock Power

Bottle Rock Power
In the News • February 27, 2023

Open Mountain Energy through its wholly owned subsidiary Mayacma Geothermal LLC completed the acquisition of the wellfield, associated pipelines and permits from Bottle Rock Power LLC through an Asset Purchase Agreement effective September 20, 2022. In addition to the Asset Purchase Agreement, Mayacma Geothermal entered into a Lease Agreement effective September 20, 2022 with Bottle Rock Power, LLC to lease the existing plant premises with the ultimate goal of constructing a 11 MW power plant and new air cooled condenser. Mayacma Geothermal has executed a long-term Power Purchase Agreement with Marin Clean Energy to sell the power from the new facility.