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flag Baseload Capital raises €53M Series B funding, led by ENGF and Ingka, to commercialize geothermal projects.

flag Swedish company Baseload Capital has raised €53 million ($59.5 million) in Series B funding, primarily from ENGF and Ingka Investments. flag The funds will support the commercialization of geothermal projects, aiming to unlock geothermal energy's vast potential as a clean, reliable resource. flag The company operates in both established and emerging markets, leveraging oil and gas expertise to boost global geothermal development and aid in the green energy transition.

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