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Baseload Capital raises €53M Series B funding, led by ENGF and Ingka, to commercialize geothermal projects.
Swedish company Baseload Capital has raised €53 million ($59.5 million) in Series B funding, primarily from ENGF and Ingka Investments.
The funds will support the commercialization of geothermal projects, aiming to unlock geothermal energy's vast potential as a clean, reliable resource.
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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Baseload Capital recauda fondos de la Serie B de 53 millones de euros, liderados por ENGF e Ingka, para comercializar proyectos geotérmicos.