Magma takes over Plutonic PowerMagma diversifies into hydro, wind power and solar. Doesn't look like they're going to take over RAM. This becoming a trend, Nevada is also looking into a wind farm at Blue Mountain.
What does this mean? Ross Beaty hedges his geothermal bet. More opportunity for RAM to consolidate the geothermal junior sector (Raser has announced it's up for sale or merger in recent days).