NetworkNewsBreaks – U.S. Geothermal, Inc. (NYSE: HTM) Reaffirms 2016 Guidance, Offers Outlook for 2017
U.S. Geothermal (NYSE MKT: HTM) is a renewable energy company on a mission to become the largest pure play independent geothermal power producer, targeting 135 MW by 2021 and a market cap in excess of $1 billion. With the U.S. market demand for electricity rising and creating a growing dependency on non-renewable, non-sustainable resources, U.S. Geothermal plans to accomplish this goal by remaining focused on the development, production and sale of electricity from geothermal energy. The company has confirmed its 2016 guidance for adjusted earnings of $4 million-$8 million on revenues between $29 million-$34 million; for FY17, U.S. Geothermal said…