According to the company, this is the eighth subsequent extension since the contract was originally signed in April 2005.

Rheochem CEO Haydn Gardner said that it is a testament to Rheochem’s expertise and service that Contact Energy has continued to utilize its products and services for geothermal program.

Rheochem claims that it has an established position in the geothermal market with operations in Australia and New Zealand.

Contact Energy is a New Zealand-based electricity generator and retailer.