Baseload Capital recognized by energy leader Baker Hughes
Energy technology giant Baker Hughes praised the role of Baseload Capital in bringing together leaders within geothermal and demonstrating greater industry unity.
While geothermal energy isn’t new, the sector has experienced growing traction over the last couple of years. This revived interest is ushering in what some call the golden decade of geothermal. Greater alignment within the industry is the linchpin for effectively transitioning to renewable energy. More and more, we see leading players working together and speaking in one voice to raise awareness and visibility of geothermal on social and political platforms. The end goal? To escalate geothermal energy as an essential ingredient for a low-carbon global economy.
Baseload Capital as an agent of industry alignment
Taylor Mattie, Geothermal Innovations Leader at Baker Hughes, recently recognized the importance of this alliance. Speaking on an episode of the CORE Knowledge podcast hosted by Nick Cestari, Mattie named Baseload Capital as an agent of industry alignment on shared goals.
“Baseload Capital is a company that I have a lot of respect for. They have this great drive to bring together and unify these industries within geothermal,” said Taylor Mattie when naming some of the players he sees as championing the geothermal resurgence. “That’s leading to friendly discussions between service companies,” he continued.
As an industry leader with a more than hundred-year history in the energy sector, Baker Hughes’ acknowledgment of Baseload Capital’s role certainly carries weight. Their show of support further incentivizes our mission to be a catalyst for renewable energy. In Taylor Mattie’s words, “we’re in this together,” and by citing other relevant sector players, he demonstrates the unanimity that is driving a market for geothermal where everybody wins.
For more information, please contact:
Kristina Hagström-Ilievska CMO of Baseload Capital
kristina.hagstrom@baseloadcap.com
Tel: +46 (0) 7323300390
About Us
Baseload Capital is a specialized investment entity that funds the deployment of heat power worldwide. Our portfolio of companies in Iceland, Japan, Taiwan and the U.S. work with local communities and power companies to permit, build and commission heat power plants.
Heat power is an affordable form of renewable energy that can be harnessed from either geothermal resources or waste heat. By applying innovative financing structures to help our local operators build and run the heat power plants, Baseload Capital can help nations quickly transition away from fossil fuels and toward energy independence. The result will lead to more resilient societies and a planet in balance.
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