Ormat Technologies secures US$75 million from BHI
Ormat Technologies has secured US$75 million from BHI to help fund the company’s acquisition of Enel Group’s US geothermal portfolio for US$271 million.
Ormat Technologies has secured US$75 million from BHI to help fund the company’s acquisition of Enel Group’s US geothermal portfolio for US$271 million.
The latest funding round, led by Constellation Technology Ventures, with BlueScopeX and Thin Line Capital, will advance XGS Energy’s prototype and first commercial geothermal energy projects.