Magma Energy Purchases of a Further Interest in Icelandic Geothermal Energy Producer
August 18, 2010
Written by Editor in Geothermal, Green Business, Green Energy, Green Investments, Green News, Green News Feature
According to the press release, “Magma Energy Corp. (TSX: MXY) announces that its wholly-owned subsidiary, Magma Energy Sweden A.B., today has closed a portion of a previously announced agreement to acquire further shares of Iceland geothermal company HS Orka hf. Magma Sweden now holds an 84.21% interest in HS Orka. The acquisition was originally announced [...]