EIG Geothermal Catalyst Partners — initial close of dedicated geothermal energy development fund (mid-stage US geothermal projects)
EIG held the initial close of EIG Geothermal Catalyst Partners, a new dedicated fund focused on providing development capital to mid-stage geothermal energy projects in the United States. Fund size not publicly disclosed. EIG is a Washington DC-based institutional investor with ~$24B AUM focused on energy and infrastructure. First EIG geothermal-dedicated vehicle, reflecting growing institutional conviction in next-generation geothermal as baseload clean power.
Deal Value
Geothermal
Technology
Multi-state
Location
Deal Details
- Deal Type
- Fund Close
- Buyer / Financier
- EIG
- Stage
- Fund
- Source
- BusinessWire
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