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Sinopec Capital Leads $157 Million Investment in Geothermal Heating Firm

Investment Geothermal announced China Dec 18, 2025
USD157M
Deal Value

Sinopec Capital led a 1.1 billion yuan ($157 million) investment in Beijing Huairou Geothermal Development Co., a geothermal heating firm. The investment aims to support the development of clean energy heating solutions.

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Counterparts (2)

recipient
B
Beijing Huairou Geothermal Development Co.
company
Beijing Huairou Geothermal Development Co. focuses on geothermal energy development projects in and around the Beijing area. The company likely develops and operates geothermal heating and cooling systems.
Investor
Sinopec
company
Sinopec is a large-scale integrated energy and chemical company based in China. It explores, develops, and produces oil and gas, and is involved in infrastructure projects related to its core business.

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Timeline

Announced
Dec 18, 2025
Signed
Closed

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Source

www.thinkgeoenergy.com
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