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UK geothermal developer bags GBP 15m investment

March 10, 2023

UK-based Geothermal Engineering Limited (GEL) has received a GBP 15m investment from private equity player Kerogen Capital and clean energy investor Thrive Renewables as it bids to create a 25MWe / 100MWhth geothermal portfolio in the country by 2028. 

Dutch geothermal reaches FC

Dutch utility HVC has financed its 45-60MWth Maasdijk geothermal project near Rotterdam after raising around EUR 85m in debt from five lenders. 

Deep Energy Capital and Eavor agree geothermal partnership

Geothermal investor Deep Energy Capital has formed a partnership with advanced geothermal kit supplier Eavor Technologies to develop, finance, construct and operate a five-strong portfolio of projects.

Fund manager mandates for French district heating sale

The infrastructure fund owner of a France-based district heating group has mandated a financial adviser to assist in the whole or part-sale of the business, it is understood. 

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