Quaise Energy has secured $180 million in Series B equity financing, bringing total funding to $280 million, including a $35 million investment from Nabors Industries to advance superhot geothermal energy development.
Quaise Energy has secured $134 million in the first close of its Series B financing to accelerate development of its superhot geothermal technology and Project Obsidian, the world’s first commercial superhot geothermal power plant.