Baseload District and Industrial Heating Investment Opportunity
Investment Summary
Opportunity to acquire equity interest in established German geothermal operating company with permitted asset in southeast Bavaria: Geothermie Rupertiwinkel GmbH.
Proven geothermal resource with measured reservoir temperatures of 150°C.
Assets:
91k㎡ geothermal permit valid until July 2027 – extension subject to development approval
Permit-wide high quality 3D seismic survey
5’000㎡ drilling pad with three unused drill cellars completed with 20” conductors to 100m
Cased borehole to over 6’000m MD that can be repurposed for geothermal production or injection
Drilling pad adjacent to Kirchanschöring district heating network and industrial park with growing baseload heat demand.
Permit lies within planned regional heat network to deliver geothermal heat to the Chiemgau-Rupertiwinkel region.
Operator developing a ‘Green Energy Hub’ to include new sub-station and a BESS.
Long term heat offtake agreements in negotiation.
Project eligible for German Federal funding under the Efficient Heat Networks and Geothermal Exploration Initiative.
Investment Process
Upon signature of an NDA, interested parties can access a secure Virtual Data Room.
For further information, please contact
Anthony Hawkins
“Europe is facing another energy crisis and needs to prioritize developing its sovereign energy resources. The proven geothermal resource in the Geothermie Rupertiwinkel permit has the potential deliver substantial heat and power to communities and industry in the Chiemgau-Rupertiwinkel region in Bavaria. Delivering the Green Energy Hub at Kirchanschöring is a top priority for GTR and we are seeking strategic partners to quickly implement our work programme.”