CYRQ Energy, Inc.

Sale of 13 MW Thermo No.1 Geothermal Project provided by:

ING Capital

Cyrq Energy (“Cyrq”), a leading geothermal power company, successfully secured financing of the Thermo No. 1 operating plant (“Thermo”). Thermo, an attractive
operational geothermal electric generating facility located in Beaver County, Utah, provides power to the City of Anaheim, California under a long-term
power purchase agreement. The Project has a state-of-the-art Ormat water-cooled binary cycle unit supported by a robust, proven geothermal resource,
with further potential capacity expansion upside.

Marathon Capital acted as exclusive financial advisor to Cyrq for this transaction.

Marathon's Role

Debt Placement

Client Countries


Counter Party Countries



January 2014