GREO Closes Seed Financing Round to Develop First 2 Geothermal Projects

Ireland – September 13, 2023 – GREO, a renewable energy company developing geothermal projects, today announced the successful closing of its seed financing round. 

The investment will be used to develop GREO's first two geothermal projects, which are located in Croatia and Germany. The projects are expected to generate enough heat and power to service over 10,000 homes.

Quote from Simon Dunlop, CEO of GREO: "We are grateful to our investors for their support of our mission to make geothermal energy more affordable and accessible. This investment will allow us to continue our mission of providing clean energy solutions to communities around the world.”

GREO is a team of experienced engineers and entrepreneurs with a proven track record in the renewable energy industry. The company is headquartered in Dublin, Ireland.