21 Jan, 2026
Sage Geosystems raises $97M for world's 1st 'pressure geothermal' power plant
By Siri Hedreen
S&P Global Offerings
Featured Topics
Featured Products
Events
Financial and Market intelligence
Fundamental & Alternative Datasets
Government & Defense
Professional Services
Banking & Capital Markets
Economy & Finance
Energy & Commodities
Technology & Innovation
Podcasts & Newsletters
Financial and Market intelligence
Fundamental & Alternative Datasets
Government & Defense
Professional Services
Banking & Capital Markets
Economy & Finance
Energy & Commodities
Technology & Innovation
Podcasts & Newsletters
21 Jan, 2026
By Siri Hedreen
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]
Premium Content
S&P Capital IQ Pro helps you keep up with market developments, identify risks, and surface opportunities with its real-time news and insights. Log in or connect with us below.