Zanskar closes $40M development capital financing
The facility, co-led by Just Climate and Spring Lane Capital, accelerates geothermal projects across the U.S. and scales to $100M. It bridges to bank financing for clean power delivery.
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AI-native geothermal energy company
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In short: Zanskar raised $115M Series C, signed 100MW NV Energy PPA amid geothermal discoveries
The facility, co-led by Just Climate and Spring Lane Capital, accelerates geothermal projects across the U.S. and scales to $100M. It bridges to bank financing for clean power delivery.
Funding led by Spring Lane Capital will expand AI platform and build geothermal plants in Western U.S. Total equity funding reaches $180M.
The funding led by Obvious Ventures will scale its AI-led geothermal exploration and accelerate development of greenfield power projects.
Co-led by USV and Lowercarbon with participation from Munich Re Ventures and others. Funds will accelerate tech development, partnerships, and hiring.
The 20-year PPA will deliver 100 MW of new, reliable geothermal power to NV Energy by 2030, expanding Zanskar’s portfolio and helping NV Energy meet...
Amazon will be investing in developing 100 MW of geothermal power generation for its data centres in Nevada, supplied by Zanskar through NV Energy.
Zanskar, the first AI-native geothermal energy company¹, today (April 16) announced the closing of $40 million in a Development Capital Facility, co-led by Just Climate...
SALT LAKE CITY, April 16, 2026 (GLOBE NEWSWIRE) -- Zanskar, the first AI-native geothermal energy company (1), today announced the closing of $40 million in...
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