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The developer of a closed-loop geothermal project in Germany is set to pursue the financing of the scheme after navigating its permitting phase.
SDCL Energy Efficiency Income Trust (SEEIT) has signed on to provide EUR 25m in debt to finance geothermal projects being developed by Baseload Capital Sweden.
Renewable baseload power developer Cindrigo has signed a deal to acquire Energy Co-invest Global (ECG) and its pipeline of central European geothermal projects.
French renewable heat and energy efficiency group Kyotherm has completed a EUR 45m equity raise, with Andera Partners joining existing shareholders in the company in its latest funding round.