Sage Geosystems raised $97 million to support a geothermal power facility.
- Amount
- $97M
- Announced
- 21 January 2026
- Leads
- Ormat Technologies, Carbon Direct Capital
- Other investors
- SiteGround Capital, The UC Berkeley Foundation's Climate Solutions Fund, Exa, Nabors, alfa8, Arch Meredith, Abilene Partners, Cubit Capital, Ignis H2 Energy
- Use of funds
- Advancing geothermal power generation and energy storage, including first commercial next-generation facility.
- Checked
- Amount and date checked against the press source