Monday, July 29, 2013

Canada:

Centram Geothermal Signs Service Agreement with ADAGE Ventures (Wire Service - Press Release)

Centram Geothermal Inc., a private geothermal exploration and development company based in Toronto, Ontario in Canada, announced today that it has entered into an agreement with ADAGE Ventures Inc. regarding the exploration, development, and financing of the company's projects in Central America.

ADAGE is a private Canadian company specializing in sourcing, designing, structuring, financing and developing geothermal energy solutions. The ADAGE team has broad and deep expertise in geology, renewable energy development in emerging economies, strategy consulting, finance and law. Under the agreement, ADAGE can earn an interest in Centram by achieving certain milestones in the progression of Centram's projects.

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