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
Reykjavík Geothermal further strengthens its team
Reykjavík Geothermal (RG) has appointed Dr. Ásdís Benediktsdóttir as Head of Geoscience, Helga Jóna Jónasdóttir as Project Manager, and Kristín Guðmundsdóttir as a Specialist in the Development Team. The appointments further strengthen the company and support the...
