(Boursier.com) — Enertime secured a buyer’s loan from BPI France for the benefit of the Mexican CFE (Comisión Federal de Electricidad), covering 85% of the cost of the first phase of its geothermal project in Mexico.
“Our collaboration with the CFE, which began in 2020 with a donation from the French government FASEP for a feasibility study on the implementation of ORC technology on geothermal sites in Mexico, enters a new era with the establishment of this financing which is an important step towards the finalization of a first contract. The support of BPI France should allow us to gain momentum in the very promising field of geothermal electricity production”, comments Gilles David, CEO of Enertime .
©2023 Boursier.com