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Senator Reid to deliver keynote at GEA Geothermal Finance Forum in NY Jan. 14, 2009

Alexander Richter 4 Jan 2010

Senate Majority Leader Harry Reid will deliver keynote at the GEA Geothermal Finance Forum, while at the same day GEA Executive Director Karl Gawell, officers and members of GEA’s board of directors will ring the closing bell at NASDAQ on January 14th.

In release by GEA, the organization says that  “Commemorating the Geothermal Energy Association’s (GEA) Geothermal Energy Finance Forum, GEA Executive Director Karl Gawell, officers and members of GEA’s board of directors and member company Layne Christensen (LAYN) will ring the closing bell at NASDAQ in Times Square on Thursday, Jan. 14.

“Closing the NASDAQ along with GEA member company Layne Christensen brings geothermal energy to the forefront of New York City’s finance community and highlights an industry that is poised to continue incredible growth in both the near and long term”

GEA’s Finance Forum, to be held at the Ritz Carlton in Battery Park, will bring together the finance and investment community of New York City and provide a tutorial on geothermal energy investment with top experts and major players in geothermal development and finance.

Senate majority leader Harry Reid will deliver the keynote address. Senator Reid has been a champion of geothermal development both nationwide and in his home state of Nevada, most recently bringing $90 million in Recovery Act funding to Nevada for 25 projects expected to create nearly 1,100 jobs.”

“The geothermal energy industry is on a growth trajectory, boasting double digit growth year-over-year,” said GEA Executive Director Karl Gawell. “Senator Reid’s keynote underscores the potential of this renewable energy sector in the overall mix. He is a leader in bringing geothermal investment to Nevada and it has paid great dividends for his state. Through his efforts, along with many of our member companies, the Silver State is a shining example of the potential of geothermal power.

“Closing the NASDAQ along with GEA member company Layne Christensen brings geothermal energy to the forefront of New York City’s finance community and highlights an industry that is poised to continue incredible growth in both the near and long term,” said Gawell.”

Both events at NASDAQ and the keynote speech by Senate Majority Leader Harry Reid, who has always been a great advocate for geothermal energy, particularly in and for his home state Nevada, are definitely a good proof of the well deserved increased attention for this very competitive renewable energy technology.

Details about the event on geo-energy.org

Source: GEA release via Business Wire