LOADING…
LOADING…
Sage Geosystems · East of the Rockies (site TBD) · USA (other)DEVELOPER HEALTHWATCH
First next-gen geothermal deal east of the Rockies; Meta's offtake lets Sage raise project capital.
Power
150 MW
Geothermal · First commercial
Storage
—
energy capacity
Online
2027
approximate target
Capital committed
—
closed or awarded
Capital pending
—
conditional or under review
How it works
Where rock is hot but dry, drill down and then sideways, crack the rock open between two wells, pump water down one and bring it up hot through the other. Borrowed from oil-and-gas drilling, so it can work in many more places.
OPEN IN 3D →Others on this approach
No project-level financing disclosed yet.
No milestones recorded yet.
Grid connection, permits, contractors and cost not researched yet for this project.
STEP 2/5 · SECURE Next-gen geothermal gets bankable offtakeLong-term contracts let developers raise project debt.
Policy that applies