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HomeMy WebLinkAboutLetter of approval_signed (2)ORMAT NEVADA, INC. 6225 Neil Rd. Reno, Nevada 89511 tel: 775.356.9029 fax: 775.823.5401 E-mail: ormat@ormat.com Website: http://www.ormat.com November 10, 2009 Alaska Energy Authority Attn: Butch White 813 West Northern Lights Blvd. Anchorage, Alaska 99503 Re: Approval for Alaska Energy Authority Grant Application Submittal Dear Mr. White, As the Chairman and Chief Technical Officer of Ormat, I hereby give approval of and endorse the application for grant funds from the Alaska Energy Authority submitted by Ormat Nevada, Inc. on November 10th, 2009, for a resource assessment of the Mount Spurr geothermal area located in Alaska. By submitting this application, we hereby: - Commit the organization to provide the matching resources for project at the match amounts indicated in the application. - Authorize the individual who signs the application has the authority to commit the organization to the obligations under the grant. - Provide Rahm Orenstein (rorenstein@ormat.com) as point of contact to represent the applicant for purposes of this application. - Certify the applicant is in compliance with applicable federal, state, and local, laws including existing credit and federal tax obligations. Ormat anticipates the project will benefit from the grant funds if fortunate enough to be accepted. As you know from Ormat’s experience in financing, building, owning and operating these types of projects, we are fully capable of implementing the tasks necessary to successfully complete this resource assessment within the time frames given in the application. Thank you for your consideration in this process With Regards Lucien Y. Bronicki, Chairman and CTO