Tag Archives: Thermo No. 1

Raser (RZ) Gets Additional Extension on Thermo No. 1 Plant

Raser just announced that they have signed a new extension agreement with their financing partners that once again extends the deadline for completion of their Thermo No. 1 plant. The new agreement extends the final completion date to October 16th from October 1st, and provides Raser with an opportunity to further restructure its financing agreements in according with the American Reinvestment and Recovery Act.

In a press release, Richard Clayton, Raser’s Principal Executive Officer, explained … Read the rest