U.S. Geothermal Inc. has announced that Eugene Water and Electric Board (EWEB) of Eugene, Oregon has signed a power purchase agreement (PPA) for the planned Unit Two power plant at Raft River. The PPA allows for variable electrical output up to a maximum of 16 megawatts (MW) with a term of 25 years. The PPA is subject to successful drilling and resource development at Raft River.

"EWEB has been at the forefront of developing renewable energy resources to meet its increased demand and we welcome them as a potential new customer for Raft River." --Daniel Kunz, CEO, U.S. Geothermal