03-03-2019 23:43 via feedproxy.google.com

Bill Gates and Jeff Bezos-backed fund invests in a global geothermal energy project developer

Breakthrough Energy Ventures, the investment firm financed by billionaires like Jeff Bezos, Bill Gates, and Jack Ma that invests in companies developing technologies to decarbonize society, is investing $12.5 million in a geothermal project development company called Baseload Capital.
Baseload Capital is a project investment firm that provides capital to develop geothermal energy power plants using technology developed by its Swedish parent company, Climeon.
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