21 Jan, 2026

Sage Geosystems raises $97M for world's 1st 'pressure geothermal' power plant

Sage Geosystems Inc. raised nearly $100 million to advance its novel geothermal technologies and build its first commercial power plant, according to a Jan. 21 news release.

The Houston-based company secured over $97 million in Series B financing from geothermal power operator Ormat Technologies Inc., growth equity firm Carbon Direct ...[end of article preview]