Thermax to partner Icelandic firm for geothermal project

Thermax to partner Icelandic firm for geothermal project

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...
Thermax to partner Icelandic firm for geothermal project

Icelanders Spread Use of Geothermal Energy

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,...
Thermax to partner Icelandic firm for geothermal project

Ambata Capital Partners to Develop Large Geothermal Projects

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....
Thermax to partner Icelandic firm for geothermal project

Reykjavik Geothermal announces strategic investment by Ambata

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...
Thermax to partner Icelandic firm for geothermal project

Details Trickle On Ambata Capital Partners Geothermal Play

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...