Overview
Sage Geosystems closed over $97 million in Series B funding to enhance its pressure geothermal power generation and energy storage solutions. Co-led by Ormat Technologies and Carbon Direct Capital, this funding will support the deployment of Sage's first commercial geothermal facility, which aims to provide reliable, carbon-free power. The investment reflects strong backing from key players in geothermal energy, addressing the urgent demand for firm power, particularly for AI data centers.
Products
Loading...
Recent Deals
Investors: Ormat Technologies, Carbon Direct Capital
Sage Geosystems closed over $97 million in Series B funding to enhance its pressure geothermal power generation and energy storage solutions. Co-led by Ormat Technologies and Carbon Direct Capital, this funding will support the deployment of Sage's first commercial geothermal facility, which aims to provide reliable, carbon-free power. The investment reflects strong backing from key players in geothermal energy, addressing the urgent demand for firm power, particularly for AI data centers.