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US next gen geothermal developer snags major investors for expansion « Carbon Pulse

Summary by Carbon Pulse
A US geothermal energy developer has closed a more than $10-million financing deal to boost team expansion in coming months.
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US next gen geothermal developer snags major investors for expansion « Carbon Pulse

A US geothermal energy developer has closed a more than $10-million financing deal to boost team expansion in coming months.

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Intelligence360 NewsIntelligence360 News

XGS Energy Secures Additional $13 Million to Accelerate Advanced Geothermal Deployment

Aligned Climate Capital, ClearSky, ClimateIC, and WovenEarth Ventures join XGS Energy investors to accelerate development of XGS’s commercial project pipeline across the Western United States. HOUSTON–(BUSINESS WIRE)–XGS Energy, a developer of next-generation geothermal power projects leveraging a proprietary water-independent technology, today announced that it has closed $13 million in new financing. The over-subscribed round included new inve…

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Intelligence360 News broke the news in on Tuesday, April 1, 2025.
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