Nov 11, 2010
Thermax, the Pune-based capital goods manufacturer, is set to partner Icelandic firm Reykjavík Geothermal to set up a geothermal power project in India. A pilot 3 MW project is slated to be set up in Puga Valley in Ladakh, which is likely to be the first such project...
Oct 11, 2010
Faced with a dearth of projects, Icelandic engineering companies have increasingly been looking overseas for work. They are being supported by the government and even by the President directly, to win projects for tapping geothermal energy abroad. Katrin Juliusdottir,...
Mar 22, 2010
Geothermal developer Reykjavik Geothermal has entered into a partnership with Ambata Capital Partners, a renewable energy-focused private equity firm founded by investment banker Michael Philipp, the former head of Credit Suisse for Europe, Africa and the Middle East....
Jan 22, 2010
Reykjavik Geothermal also announced the intention to establish a headquarters in Masdar City. The company is currently active in Iceland, India, Kenya, Nicaragua, Russia, Rwanda and the United Arab Emirates. Mr. Gudmundur Thoroddsson, Founder and CEO of Reykjavik...
Jan 19, 2010
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...