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GEOTHERMAL

GEL secures £15 million funding from Kerogen Capital and Thrive Renewables

Geothermal Engineering Ltd gets major funding package to develop UK renewables operation

Staff Writer
Geothermal Engineering Limited (GEL) has obtained £15 million funding from Kerogen Capital and Thrive Renewables

Geothermal Engineering Limited (GEL) has obtained £15 million funding from Kerogen Capital and Thrive Renewables

The new funding will be used to complete power production at GEL's United Downs plant by 2024, as well as prepare new geothermal sites in Cornwall which have recently received planning permission. In total,...

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