BUSINESSJul 7 · 18:30 UTCCANARY MEDIAMaria Gallucci

Quaise Energy raises $134M to fuel superhot geothermal ambitions

Quaise Energy has raised $134 million to advance its first superhot geothermal power plant in central Oregon. The company announced the first tranche of its Series B financing round, bringing total funding to $230 million, with plans to develop a 50-megawatt plant.

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Quaise EnergyorganizationCentral OregonplaceHoustonplaceSeries B financing roundtopicsuperhot geothermal power planttopic50-megawatt planttopic

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