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

| March 4, 2019

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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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Spotlight

ConocoPhillips

We are a global oil and gas company tasked with an important job—to safely find and deliver energy for the world. We’re experts in what we do—from the well site to the office. Across our operations and activities in 21 countries, we never forget our responsibility to be a great neighbor, and a great place to work.

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