‘Absolutely the right time’ for geothermal – Q&A with Baker Hughes Geothermal VP
Increasing global energy demand and improvements in drilling technology have driven oil and gas majors to invest in geothermal.
04 August 2026
04 August 2026
Increasing global energy demand and improvements in drilling technology have driven oil and gas majors to invest in geothermal.
The merger is expected to generate annual run-rate EBITDA synergies of approximately $150m (€130.29m) within three years post-closure.
Once operational, the project is forecast to generate around $25m in revenue for McCurtain County in Oklahoma, US.
The financing will support approximately 540MW of PV plants and two BESS assets in Italy, Spain, Portugal and France.
The 155MW wind farm is powered by 25 Goldwind GWH182-6.2MW turbines.
The merger is expected to generate annual run-rate EBITDA synergies of approximately $150m (€130.29m) within three years post-closure.
Once operational, the project is forecast to generate around $25m in revenue for McCurtain County in Oklahoma, US.
The financing will support approximately 540MW of PV plants and two BESS assets in Italy, Spain, Portugal and France.
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