← Front page

WSJ Tech News Briefing · Friday, September 25, 2026

EIG Global Energy Partners to Raise $225 Million for Geothermal Fund

EIG Global Energy Partners is planning to raise up to $225 million for its first fund focused on geothermal energy, named EIG Geothermal Catalyst Partners. This fund will support developers utilizing advanced extraction techniques. The firm has already secured approximately $150 million and made an initial investment in Power Planet for a Nevada-based geothermal project.

companyEIG Global Energy PartnerscompanyPower Planet

The tape

2 quotes
“EIG Global Energy Partners plans to raise up to $225 million for its first fund dedicated to geothermal energy.”
Julie Chang
“The Washington-based firm has secured about $150 million so far and made its first investment in Power Planet, which is developing a geothermal project in Nevada.”
Julie Chang
Heard on WSJ Tech News Briefing — “TNB Tech Minute: U.S. Appeals Court Upholds Pentagon's Label of Anthropic as Security Risk”, published Friday, September 25, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
Transcribed via Gemini audio transcription · $0.00
EIG Global Energy Partners to Raise $225 Million for Geothermal Fund — Heardvine