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Cindrigo finalises acquisition of three geothermal licences backed by federal loan

Cindrigo Holdings has secured the extension of its three geothermal permits in Germany and plans to benefit from a new loan programme launched by public bank KfW.

Cindrigo finalises acquisition of three geothermal licences backed by federal loan

CountriesAllemagne
CompaniesMunich Re
SectorÉnergie Géothermique
ThemeInvestissements & Transactions

Cindrigo Holdings Limited announced it has completed the extension of its exploration permit for the Weinheim geothermal project in Germany, extending its validity to 30 November 2028. This extension finalises the acquisition of three licences located in the Upper Rhine Valley, a well-established geothermal production area. These permits, held through Zukunft Geoenergie GmbH, are now fully integrated into the group’s portfolio following the satisfaction of investment agreement conditions.

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Énergie Géothermique