United Downs Deep Geothermal

United Downs Deep Geothermal Power Project – Financing

Industry
Renewables/Geothermal
Area of finance
Project & Infrastructure Finance
Region
Europe
Europe
Countries
United Kingdom

Deal Overview

Geothermal Engineering Limited (GEL) has secured £10 million of financing for geothermal power and lithium expansion in Cornwall. The facility will fund expansion of lithium production at GEL’s United Downs site and support development preparations for further Cornwall sites where it...

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Deal Volume
$13.6m
Financial Close
07/05/2026
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Project Deals

United Downs Deep Geothermal Power Project
$13.6m
Brownfield
Geothermal
Europe
Europe
United Kingdom