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Geothermal energy

Geothermal projects can capture and harness heat extracted from the earth. Shallow geothermal energy or deep geothermal energy generate different heating temperatures for varied applications. Geothermal energy is often preferred for its non-seasonal aspect, it does not need to be stored and can be used both to generate heating and cooling.

We invest both in shallow geothermal projects harnessing low temperature heat with heat pumps or deep geothermal projects that can capture higher-temperature heat thanks to geothermal doublets.

Geothermal energy offers major advantages for heat production, particularly from an economic point of view. Geothermal energy offers stable operating costs, reducing the risks associated with fluctuating fossil fuel prices. In addition, geothermal installations have a relatively long lifespan, reducing maintenance and replacement costs. Geothermal energy is not only resilient, but also available  over almost 90% of the France territory.

64 MW

Installed capacity

32

Sites

114 GWh

Annual production

26%

Portfolio share

GLL

Geothermal energy | United Kingdom

Villages Nature

Geothermal energy | Marne-la-Vallée (France)

Renewable Heat Finance

Country
Technology
Geothermal energy
Signing Date
2021
Status
In Operation
Installed Capacity
1.7 MW
Production or Savings
2,800 MWh / year

Meadowbank

Country
Technology
Geothermal energy
Signing Date
2021
Status
Under Construction
Installed Capacity
9.7 MW
Production or Savings
12,700 MWh / year

Creswick

Country
Technology
Geothermal energy
Signing Date
2021
Status
In Operation
Installed Capacity
1.3 MW
Production or Savings
1,200 MWh / year

Forest Poultry

Country
Technology
Geothermal energy
Signing Date
2020
Status
In Operation
Installed Capacity
3.5 MW
Production or Savings
4,500 MWh / year

Hay Farms

Country
Technology
Geothermal energy
Signing Date
2020
Status
In Operation
Installed Capacity
18.4 MW
Production or Savings
24,200 MWh / year

Advinia

Country
Technology
Geothermal energy
Signing Date
2020
Status
In Operation
Installed Capacity
2.5 MW
Production or Savings
3,100 MWh / year

JBF

Country
Technology
Geothermal energy
Signing Date
2020
Status
In Operation
Installed Capacity
3.1 MW
Production or Savings
4,100 MWh / year

Perpetuum Energy

Country
Technology
Geothermal energy
Signing Date
2019
Status
In Operation
Installed Capacity
3.1 MW
Production or Savings
10,900 MWh / year

Villages Nature II

Country
Technology
Geothermal energy
Signing Date
2018
Status
In Operation
Installed Capacity
1.4 MW
Production or Savings
3,400 MWh / year

Villages Nature I

Country
Technology
Geothermal energy
Signing Date
2014
Status
In Operation
Installed Capacity
17.0 MW
Production or Savings
44,200 MWh / year

INNAX

Country
Technology
Geothermal energy
Signing Date
2012
Status
In Operation
Installed Capacity
2.3 MW
Production or Savings
2,600 MWh / year