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Geothermal lease sale in Nevada nets more than $500,000

In Nevada, 17 of 51 parcels offered at auction for geothermal development by the Bureau of Land Management (BLM) in March were sold. Two parcels in Churchill County received the highest bid per acre prices: bonus bid of $253,580 at $60 per acre for a 4,227-acre parcel by Ormat Nevada Inc., of Reno, and bonus [...]