Gradient Resources is engaged in the exploration and development of geothermal resources as well as the construction, ownership and operation of geothermal power plants. The Company, headquartered in Reno, Nevada was initially incorporated as a Colorado corporation in 1991. Gradient’s core business is the development, design, construction, and operation of clean, renewable electric power generation projects and the sale of baseload renewable geothermal power to utilities located in the western United States.