Dutch Geothermal Energy company Yeager Energy is pleased to announce that it has signed an agreement with energy-focused investment fund Kerogen Capital for a substantial investment to support and grow its geothermal energy and district heating business
in the Netherlands and Europe.
Yeager’s strategy is to develop and operate a portfolio of geothermal energy projects and district heating networks to benefit the industry, the built environment (residential users) as well as the greenhouse horticulture sector.
Yeager has several geothermal licenses in application and is in discussions to enter a number of existing licenses. The business model of Yeager includes operating the entire heat value chain – from
‘Source to Sales’, taking a portfolio approach, pursuing both organic and inorganic growth opportunities and working in partnerships.
Kerogen Capital is an independent investment fund specializing in the energy sector, managing over $2bn of capital commitments across multiple funds, and is committed to delivering a carbon neutral
future. Kerogen brings financial strength as well as significant technical and financial expertise, and has over a decade of experience with successfully growing energy businesses around the world.
Yeager is very much looking forward to working with Kerogen. The investment by Kerogen will allow Yeager to execute its strategy and to make a significant contribution to the (heat) energy transition in The Netherlands and beyond.
For more information:
Yeager Energy
www.yeager-energy.com
Kerogen Capital
www.kerogencap.com