Energy Rev monthly round-up & snap analysis: February 2023
First signs that UK battery market may have peaked, while... Read more →
Geothermal 
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.