Geothermal power resource is largely untapped in the U.S., with strongest resources in areas of growing power demand. Projects historically have been hampered by high capital costs, resource risk, and lack of financeability. Increases in power prices are now compensating for high capital costs, with significant offtake contract interest at premium pricing for green, baseload power.
Mantle Reach Power will address resource risk and financeability through contractual arrangement with large OFS companies. Mantle Reach Power will assemble a top-tier management team with requisite technical, development, power market, financing, execution, and operational expertise.
Get In TouchReach out to learn more about Mantle's approach to geothermal development, partnership opportunities, or investment in U.S. clean baseload energy.
contact@mantlereach.com