Green Energy Geothermal announces acquisition by Energy Co-Invest Global Corp.
Geothermal developer Green Energy Geothermal (GEG) has announced that all of its key assets have been acquired by Energy Co-Invest Global Corp. (ECC Global).
GEG provides unique EPC solutions to geothermal projects globally. The company has experience in the design, engineering, procurement, commissioning and operation of geothermal power plants.
GEG has delivered fifteen modular geothermal wellhead plants with a combined capacity of 81 MW. The company is currently engaged with the final stages of constructing a 5 MW turbine-generator in Iceland for Landsvirkjun, the Icelandic National Power Company. A series of projects are underway in Asia, East Africa, the Caribbean and Latin America.
ECC Global is consolidating GEG’s operations at new global headquarters in Reykjavik, Iceland, where GEG has maintained its core engineering and support teams since its founding in 2008.
Together with financing from ECC Global, GEG's packaged full suite offer to EPC customers and IPP partners will continue into new project types via strategic alliances with technical partners.
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