Meager Creek near Pemberton has long been known as one of B.C.’s best potential geothermal energy assets, but developers have poured millions down drill holes over the years, only to walk away.
Meager Creek geothermal project to be revived focused on hydrogen thinkgeoenergy.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thinkgeoenergy.com Daily Mail and Mail on Sunday newspapers.
Reykjavik Energy Invest announced this week that it would merge with Geysir Green Energy to form a major company in geothermal energy development. After the merger, the energy giant will be worth ISK 65 billion (USD 1.1 billion, EUR 748 million).
The company will retain the name Reykjavik Energy Invest and will invest in and develop geothermal energy projects around the world.
Magnus Jonsson, Vice Chairman of Geysir Green Energy, said, “Our combined forces make us better equipped for growth on the international market and we believe this to be a strong step in the development of Icelandic global growth in the field of geothermal energy.”
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Sonoro Gold’s Management Team
John M. Darch Chairman & Director
John M Darch brings over 35-years of experience in the financing and management of natural resource-related projects in both the public and private sectors. In 1981, he co-founded the Vancouver-based Crew Group of Companies which created various natural resources companies including gold, diamonds, geothermal, coal, antimony, nickel and copper, tin and potash. Darch has successfully secured over US$