Chevron invests in geothermal development company

Houston--(business wire)--chevron corporation (nyse: cvx) today announced an investment in baseload capital ab, a sweden-based private investment company focused on development and operation of low-temperature geothermal and heat power assets. heat power is an affordable form of renewable energy that can be harnessed from either geothermal resources or waste heat. this investment round includes existing baseload capital investors breakthrough energy ventures and sweden-based investment group gu
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