Danish company buys stake in geothermal exploration

The Dutch registered company that in 2018 won permission to explore and utilize geothermal heat on two Danish islands has now sold 40 percent of its license to a domestic company.

Photo: Ritzau Scanpix/Ida Marie Odgaard

Yet another company is in the process of joining the search for warm water in subterranean Denmark in order to supply district heating customers.

Dutch registered Nail Resources Denmark has sold 40 percent of its concession regarding prospecting for and extraction of geothermal heat on the southern Danish islands of Lolland and Falster to a domestic company, Nail Resources director Peter Veenhof informs EnergyWatch.

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