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Renewable Energy Opportunity - Geothermal Technology in Canada
Posted by: Douglas Hoch on 11/7/2016 9:50:19 AM
Funding Needed:
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Location :
Calgary,
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Description:
Our team has developed an innovative system to utilize downhole heat from abandoned and suspended oil/gas wells to efficiently produce heat for local distribution. We have high profile projects sites chosen, Government support with matching funds for any outside equity investor. The system is modular and highly scalable. This new venture will operate like a Utility with long-term cash positive contracts. Equity funding requirements are $8 million and the first step is $50k investment for computer modeling to solidify the project scope with government entities for grants. An expression of interest will get you an NDA followed by written presentation and a conference call.
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