CalEnergy Operating Corporation Secures Financing for Geothermal Plant Expansion

By Global Infrastructure Sherpa · Jun 20, 2025

Financing Geothermal announced United States Jun 20, 2025

USD200M

Deal Value

40 MW

Capacity

CalEnergy Operating Corporation secured $200 million in financing from MUFG and Societe Generale to expand its geothermal power plant in California by 40 MW. The expansion will increase the plant's capacity and provide more clean energy to the grid.

Timeline

Announced

Jun 20, 2025

Signed

Closed

Counterparts (3)

Lender

Societe Generale

company · 2 deals

Societe Generale has participated in two verified deals, focusing on renewable energy. They acted as...

MUFG

company · 4 deals

Mitsubishi UFJ Financial Group (MUFG) is a global financial group. They provide financial services, ...

Developer

CalEnergy Operating Corporation

company

CalEnergy Operating Corporation is an energy company focused on the development, operation, and owne...

Market Context

This deal is part of the Geothermal sector in United States.

Geothermal deals

565

deals in United States

Source

www.thinkgeoenergy.com

1 of 28 Geothermal deals tracked this month · Updated daily

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CalEnergy Operating Corporation Secures Financing for Geothermal Plant Expansion

Timeline

Counterparts (3)

Market Context

Source

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