EIG, an institutional investor in the global energy and infrastructure sectors, has announced the initial closing of EIG Geothermal Catalyst Partners, a dedicated investment vehicle focused on making investments to support the development of next-generation geothermal projects in the United States.
The fund is designed primarily to provide mid-stage development capital to help advance geothermal projects through key technical and commercial milestones. By supporting projects at a critical stage of development, the fund aims to help de-risk opportunities and enable broader institutional participation in the geothermal sector over time, while pursuing attractive, risk‑adjusted investment returns consistent with EIG’s disciplined investment approach.
The fund reflects EIG’s longstanding experience investing across the energy value chain, including power generation and subsurface-intensive assets, and its view that geothermal can play an increasingly important role i