EnergyWatch

Chevron eyes geothermals again

The oil firm invests in Swedish investment company Baseload Capital, whose focus is development of geothermal solutions.

Photo: Alan Diaz/AP/Ritzau Scanpix

US oil supermajor Chevron has apparently seen a light in geothermal energy.

Monday, the company announces an investment in Baseload Capital -- a Swedish investment firm focusing on heat assets; primarily geothermals. Chevron doesn't mention the invested sum.

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