New financing company accelerates business opportunities for Climeon
Climeon owners have founded the project financing company Baseload Capital to accelerate global, geothermal Climeon Heat Power projects. Gullspång Invest AB, LMK Forward AB and Blue AB are jointly investing 60 MSEK as initial capital in Baseload Capital and Climeon participates through a minority holding not exceeding 20%.- Geothermal heat power has the potential to become a major global energy source. A key to unlocking the market is project financing, which we believe may contribute to a strong increase in our business within the geothermal sector. We take a minority share in Baseload