BLM Idaho geothermal lease sale nets $4.4 million on nine parcels
Raft River geothermal plant, Idaho, (source: U.S. Geothermal)
Carlo Cariaga
12 Sep 2025
Nine parcels were leased out during a recently held BLM geothermal lease sale in Idaho, with the agency receiving more than $4 million in winning bids.
The Bureau of Land Management (BLM) accepted winning bids on nine parcels in Idaho at a recently held geothermal lease sale, receiving USD 4.434 million in total bids. The leases are located in Elmore, Washington, and Bonneville counties.
The companies that made winning bids are as follows:
- Iona Resources LLC – 1 parcel
- Invenergy Geothermal Development LLC – 2 parcels
- Ormat Nevada Inc – 1 parcel
- Bennett Creek Resources LLC -2 parcels
- Dudley Land Company – 3 parcels
The BLM may issue leases once review and payment are complete. The combined bonus bids, rentals, and subsequent royalties from the leases will be distributed between the U.S. Treasury, the State of Idaho, and Elmore, and the counties where the leases are located.
Leasing is the first step in the process to develop federal geothermal resources. The BLM ensures geothermal development meets the requirements set forth by the National Environmental Policy Act of 1969, and other applicable legal authorities. Planning documents for this sale are available at the BLM National NEPA Register for the Four Rivers Field Office parcels and the Pocatello Field Office parcels.
Another geothermal lease sale is planned in Idaho by October 2026. In the coming months, geothermal lease sales will be held in Nevada (October 2025) and New Mexico (March 2026).
Source: BLM
