Japan's Mitsubishi Heavy invests in U.S. geothermal startup - Nikkei Asia
Japan's Mitsubishi Heavy invests in U.S. geothermal startup - Nikkei Asia
TOKYO -- Mitsubishi Heavy Industries has invested in Texas geothermal startup Fervo Energy, the Japanese company said Thursday, looking to expand its footprint in the decarbonization sector.
The transaction was made through subsidiary Mitsubishi Heavy Industries America. The group was part of a consortium of investors that includes Tokyo-headquartered Marunouchi Innovation Partners and U.S.-based Devon Energy.
Related Knowledge Center: ENERGY BASICS: nuclear
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