Middle East

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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...

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...