DALLAS, Sept. 21, 2009 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring energy technology company Raser Technologies Inc. (NYSE:RZ - News). The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.
The investment report on Raser Technologies Inc. (NYSE:RZ - News) should be of particular interest to comparable companies: Calpine Corp. (NYSE:CPN - News), Constellation Energy Group Inc. (NYSE:CEG - News), UQM Technologies Inc. (NYSE AMEX:UQM) and Baldor Electric Co. (NYSE:BEZ - News).
The full report is available at: http://www.stockpreacher.com/n/RZ
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Raser Technologies Inc. (RZ) is an energy technology company engaged in geothermal power development and technology licensing. The Company has secured one of the largest portfolios of geothermal resources in the United States. It holds substantial geothermal resources in Nevada, Utah, New Mexico and Oregon, and has been granted a significant concession in Indonesia.
Message Board Search for RZ: http://www.boardcentral.com/boards/RZ
In the report, the analyst notes:
"On September 17, the Company signed an extension agreement with the financing partners of Thermo No. 1 for the final completion of the plant, extending the date by which it is required to achieve final completion of the Thermo No. 1 geothermal power plant to October. 1; the latest agreement expired on September 15. In its latest Form 8-K filing, RZ mentioned that intends to amend the Thermo No. 1 financing agreements in order to be consistent with recent tax law changes under the American Recovery and Reinvestment Act of 2009. With this move, the Company anticipates to fortify the financial position of the Company and the project.
"During the second quarter ended June 30, 2009, the Company reported that the Thermo No. 1 plant has been selling approximately 5 megawatts (MW) to the city of Anaheim, which represents slightly less than half of the plant's designed capacity. According to the Company, the completion of additional wells for use by the plant could allow them to produce at or near full capacity in the fourth quarter of 2009, depending on the performance of the new wells."
To read the entire report visit: http://www.stockpreacher.com/n/RZ
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