GeoTek Energy appoints Lou Capuano and Hezy Ram to management team

GeoTek Energy website snapshot
Alexander Richter 23 Sep 2011

Geothermal technology company GeoTek Energy announces the appointment of Lou Capuano (formerly ThermaSource) and Hezy Ram (formerly Ram Power) to its management team.

Reported this week, “Geothermal technology specialist GeoTek Energy has bolstered its management team with the appointment of Louis Capuano and Hezy Ram to its management team.

Ram has a long experience in the geothermal sector and is the founder of Ram Power, which became a publicly traded company in Canada after consolidating with three other publicly traded geothermal companies.

Ram has been appointed executive adviser on the board of managers and previously worked for Ormat where he was responsible for the North America market, including power plants in California, Nevada and Hawaii.

Capuano will serve as a member of the GeoTek board of managers. He was previously founder and chairman of ThermaSource, a geothermal drilling and consulting company.

GeoTek is based in Midland, Texas and was formed in 2004 to advance geothermal power technology.

In July, the company was awarded a $450,000 grant – with the potential to receive up to $2.4m in additional funding – from the US Department of Energy for its technological development.”

Source: New Energy World