BLM sells 17 geothermal leases in the state of Nevada
The U.S. Bureau of Land Management (BLM) sells 17 geothermal leases in a competitive lease sale with the highest bid from Ormat Nevada for a Churchill County parcel. The 34 parcels that weren´t sold in this sale will be available non-competitively today.
Reported from Nevada, “The Bureau of Land Management (BLM) generated $456,353 during a competitive geothermal lease sale lease sale held in Reno today, selling 17 parcels that comprised 42,627 acres.
A Churchill County parcel received the highest bid per acre at $60 and was also the highest bid for a parcel at $253,680 from Ormat Nevada, Inc., of Reno. Second highest bid was $29,370 by TGP Development Company LLC, San Diego, Calif., at $6 per acre for a 4,894-acre parcel in Mineral County.
The sale offered 51 parcels in Nevada totaling 151,119 acres. Of the 17 parcels sold, 12 were for $2 per acre. The 34 parcels not sold during the competitive bid sale will be available non-competitively on Wednesday for $2 per acre.
Parcels sold by county were four in Churchill, three in Esmeralda, three in Eureka, two in Mineral, and one each in Lander, Elko, Humboldt and Washoe.”
Source: Lahontan Valley News