He wrote that Ambata Capital, founded by former Credit Suisse investment banker Michael Philipp, is taking “a significant” minority stake in geothermal developer Reykjavik Geothermal, declining to provide more details on the ownership stake or how much money it is forking out for that equity position.
Reykjavik Geothermal and Ambata Capital say they plan to jointly develop and operate utility scale geothermal power generation in emerging markets in the Middle East and Africa.
Source: greenenergyreporter.com
World Geothermal Congress 2026
We are excited to announce that Reykjavík Geothermal will be attending the World Geothermal Congress 2026 as one of the main sponsors of the Icelandic delegation (Green by Iceland). We look forward to sharing our expertise and experience gained through the development...
