Zanskar Greenfield Geothermal Development Capital Facility
Sector: Geothermal • Location: United States
Source: ThinkGeoEnergy
Zanskar has closed a $40 million Development Capital Facility to accelerate the development of greenfield geothermal sites in the United States. The financing will cover key pre-construction activities and bridge projects towards traditional bank project financing, supporting the commercialization of naturally-occurring geothermal systems and scaling geothermal as an asset class across the U.S. Th
- Status
- Closed
- Sector
- Geothermal, Bridge, Road
- Location
- United States of America
- Updated
- 22 Jul 2026
- Source
- ThinkGeoEnergy
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Project Information
Participants
| Not available for this record. |
Status
Original status | awarded |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Zanskar has closed a $40 million Development Capital Facility to accelerate the development of greenfield geothermal sites in the United States. The financing will cover key pre-construction activities and bridge projects towards traditional bank project financing, supporting the commercialization of naturally-occurring geothermal systems and scaling geothermal as an asset class across the U.S. The facility is co-led by Just Climate and Spring Lane Capital, with additional capital from Tierra Adentro Growth Capital, and is designed to upsize to $100 million as the portfolio scales. |
Original sector | Energy |
Budget |
Location
Country | United States of America (USA) |
Source
Source | ThinkGeoEnergy |
URL |
More Details
Record type | Project |
Sector | Geothermal, Bridge, Road |
Article published date | 2026-04-20 |
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