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Note 12 - Subsequent Events
6 Months Ended
Jun. 30, 2022
Notes to Financial Statements  
Subsequent Events [Text Block]

NOTE 12 SUBSEQUENT EVENTS

 

Cash Dividend

 

On August 3, 2022, the Board of Directors of the Company declared, approved and authorized payment of a quarterly dividend of $6.7 million ($0.12 per share) to all holders of the Company’s issued and outstanding shares of common stock on August 17, 2022, payable on August 31, 2022.

 

Dixie Meadows

 

On August 1, 2022, the Company entered into a stipulation in the pending litigation to temporarily pause construction of the 12MW Dixie Meadows geothermal power plant in Nevada as it works collaboratively through the ESA consultation process with the relevant regulatory agencies. For more information, see Note 10 - commitments and contingencies, to the condensed consolidated financial statements.