Mexican Geothermal Power Development Continues to Grow in Nayarit

SUGAR LAND--October 16, 2013--Researched by Industrial Info Resources (Sugar Land, Texas)--Reykjavik Geothermal (Iceland) plans to develop and construct a 30-megawatt (MW) geothermal power station through Mexxux R.G., a consortium formed by Reykjavik Geothermal and Mexican firms. The power station will be located in Mexico's Nayarit state in the Ceboruco volcanic zone, with a total estimated investment value of $105 million. The generated power will be sold to Mexico's state-owned utility Comision Federal de Electricidad (CFE).