TWIN FALLS, Idaho -- A geothermal company says it plans to build a $150 million energy facility near Malta in south-central Idaho.

Aguacaliente spokesman Trent Yang tells The Times-News in a story on Friday that the company recently finished drilling a third successful production well.

Yang says the company hopes to build a 25-megawatt power plant at Walker Ranch.

The location is near an existing 10-megawatt geothermal plant called Raft River Energy operated by U.S. Geothermal Inc.

Aguacaliente plans to drill 18 wells. Yang says half will be used to pull up hot water and half will be used as reinjection wells to return the water underground.

He says the company hopes to have the geothermal plant running in 2016.