Presidio Municipal Development District signs 110-MW geothermal power purchase agreement term sheet with Exceed Geo Energy
Type: Ppa · Technology: Geothermal, Other · Country: United States · Capacity: 110 MW · Announced: 2025-05-22
The Presidio Municipal Development District (PMDD) and Exceed Geo Energy signed a term sheet for a 110 MW geothermal power purchase agreement to develop a staged geothermal facility in Presidio, Texas, with commercial operations expected by late 2026 (initial 9.9 MW followed by expansion to 110 MW).
Counterparties
- Exceed Geo Energy LLC (Developer)
- Presidio Municipal Development District (Offtaker)
📈 The Sherpa Signal — one notable infrastructure deal a day.