Baseload Capital signed a land lease

September 2, 2020

Baseload Capital signed a land lease agreement in California, USA

Baseload Capital Sweden AB (publ) has set up Baseload Power US Holdings INC and signed a land lease agreement in Wendel, California

Baseload Capital Sweden AB (publ) has, through an investment into a newly started US SPV, entered into a Land Lease Agreement with a landowner located in Wendel, CA. The goal is to set up a power plant on the land, but construction remains subject to permitting and establishing a Power Purchase Agreement with the local municipality. The planned Power Plant capacity is estimated to between 600 and 1350 kW, and construction will commence once all permits and contracts are in place. Baseload believes that the project can be completed during 2021.

In the long term, the US offers a lot of geothermal potential, particularly in the Western part of the country. Once a team has been established, Baseload Power US Holdings INC will continue to evaluate prospective land areas and opportunities.

For more information, please contact:
Alexander Helling CEO of Baseload Capital
alexander.helling@baseloadcap.com

RELATED POSTS

CHEVRON AND BASELOAD CAPITAL CREATE JOINT VENTURE TO EXPLORE GEOTHERMAL DEVELOPMENT OPPORTUNITIES

Chevron Corporation (NYSE: CVX), through its Chevron New Energies business, and Baseload Capital have announced a joint venture to develop geothermal projects in the United […]

Sansui Geothermal Power Plant begins operations in Kumamoto- Renewable energy made possible with hot spring operator together with local and global partners

Baseload Power Japan in collaboration with Furusato Power generation and Ryokan Sansui begin operations of 99 kW Sansui Geothermal Power Plant.

INTERIM REPORT Q2 -2021

Interim report for the period 1 January – 30 June, 2021 Baseload Capital Sweden AB (publ) today releases the results for the period 1 January […]
1 2 3 7
menuchevron-down linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram
This site is registered on wpml.org as a development site.