Terrapin Geothermics and TerraScale Announce Merger to Enhance Green Infrastructure and Renewable Power Development Capabilities
Retrieved on:
Wednesday, January 31, 2024
EDMONTON, AB, Jan. 31, 2024 /PRNewswire-PRWeb/ -- Terrapin Geothermics Inc., a Canadian geothermal energy developer specializing in generating clean, baseload electricity and heat from industrial waste heat and deep geothermal resources, today announced that it is merging with award-winning California-based green infrastructure development and advisory firm, TerraScale Inc., into a new US-based entity, Climate Transition Development Corporation.
Key Points:
- By harnessing Terrapin's technical prowess in geothermal development alongside TerraScale's expertise in infrastructure development and project financing, we forge a powerful combination.
- "By harnessing Terrapin's technical prowess in geothermal development alongside TerraScale's expertise in infrastructure development and project financing, we forge a powerful combination.
- This synergy will support the development of our international sustainable project pipeline," said Marc Colombina, Vice President of Operations & Director at Terrapin.
- "Terrapin is proud to work with TerraScale to achieve the development of clean and renewable power solutions."