Whitegrass No. 2

Whitegrass No. 2 is an expansion project from the original Whitegrass No. 1 Project. OME is working to secure additional land position to further explore and define the geothermal resource. OME is in the midst of the permitting and regulatory process and once completed will continue its resource development efforts. OME executed a power purchase agreement with Peninsula Clean Energy. Transmission and interconnection have already been secured for the project. OME expects the project to reach commercial operations by the end of 2025.