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ESB Novusmodus leads £12m investment round in Geothermal International

ESB Novusmodus has lead a £12m investment in Geothermal International. ESB Novusmodus has invested £8.6m and other investors, including SSE Ventures, have subscribed for new shares in the amount of £3.5 million.  The capital will be used to fund growth in the UK market, finance the acquisition of Endurant Energy (“Endurant”) in the US, and support ongoing inter... Read More

Geothermal International welcomes the Government's Renewable Heat Incentive

Geothermal International has welcomed the Government's commitment to give financial help to businesses, public sector stakeholders, landlords and home owners who want to switch over to more environmentally sustainable forms of heating. The Government's £860 million Renewable Heat Incentive scheme is expected to increase green capital investment by £4.5 billion up to 2020, stimulating ... Read More

Geothermal International Expands Operations into North America

Geothermal International is pleased to announce that it has expanded operations into North America through the establishment of a subsidiary company, Geothermal International North America, in September of 2010.    The team will be strengthened over the next six months by our Business Development Director, Tony Amis, who has over twenty years of specialist contracting knowledge thr... Read More

Chancellor of the Exchequer confirmed the Governments introduction of the Renewable Heat Incentive

The Chancellor of the Exchequer confirmed the Governments introduction of the Renewable Heat Incentive with a £860m commitment over the next 4 years. The Scheme is planned to be introduced in 2011, and is designed to ensure the UK meets its target of 12% of  heat coming from renewable sources by 2020. The £ 860m funding will benefit households, land lords, businesses and the publi... Read More