TM Geothermal Operations Plc (TMGO), is wholly owned by TM SAS, a Paris registered company, which in turn is owned by the Shareholders Reykjavik Geothermal Ltd (RG), an Icelandic based Geothermal developing company, and Meridiam, a French based global investor and asset managing company, for the development of a geothermal power project in the area of Tulu Moye in Ethiopia, which has signed a Power Purchase Agreement and Implementation Agreement with EEP and the Government of Ethiopia for the project in December 2017.
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