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Superhot geothermal developer Quaise closes USD-180m Series B round
Quaise Energy said on Thursday it has raised USD 180 million (EUR 154.6m) in a Series B equity financing round, including a USD-35-million investment from drilling contractor Nabors Industries Lts (NYSE:NBR), to fund development of its ultra-deep geothermal drilling technology and the Project Obsidian superhot geothermal power plant in Central Oregon.
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renewablesnow.com
Superhot geothermal developer Quaise closes USD-180m Series B round
Quaise Energy said on Thursday it has raised USD 180 million (EUR 154.6m) in a Series B equity financing round, including a USD-35-million investment from drilling contractor…
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timesofindia.indiatimes.com
American startup raises $180 million to drill rock over 5km deep to build world's first superhot geothermal plant at 500 °C
Quaise Energy, an American startup, announced on August 27 the final closing of a $180 million funding round, which included $35 million from Nabors, to finance the Obsidian…