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Gradient Resources Overview

Energy Services And EquipmentCompany

Was Gradient Resources formerly PE-backed?

Yes. Gradient Resources was formerly owned by 1 private investor.

Where is Gradient Resources headquartered?

Gradient Resources is headquartered in Reno, Nevada.

What sector is Gradient Resources in?

Gradient Resources is an energy services and equipment company.

When was Gradient Resources founded?

Gradient Resources was founded in 1991.

Gradient Resources, Inc.

9670 Gateway Drive, Suite 200,
Reno, Nevada 89521
United States,
www.gradient.com

Gradient is a developer of geothermal power projects in the western U.S. where renewable portfolio standards provide a good market for baseload renewable power. The company controls one of the largest geothermal property portfolios in the U.S. – approximately 170,000 acres in total representing over 1,200 MW of long-term geothermal potential, from which the company is pursuing ~300 MW of advanced development projects. Power from these projects will be sold under long-term contracts with municipal and investor owned utilities. Gradient is vertically integrated with its own drilling rigs, well cementing operations, and proprietary exploration technology, and this provides scientific, drilling, and construction advantages and cost savings.


Company Summary

SECTOR

Energy Services and Equipment

Established

1991


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