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TM Geothermal Operations PLC (“TMGO”) was established in December 2017. TMGO is a joint-venture company of the French investment firm Meridiam and Icelandic Geothermal company Reykjavik Geothermal. The company is established for the purpose of executing a power purchase and implementation agreement concluded with the Government of Ethiopia and Ethiopian Electric Power (EEP) for the deployment of a 150MW geothermal baseload capacity power plant [within the Oromia Region].
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