Baseload Capital

54Mixed / Improving· Provisional

0 followersGeothermal·Stockholm, Sweden·Founded 2018

www.baseloadcap.com/

Swedish geothermal project developer and financier that builds and operates low-temperature binary-cycle geothermal plants globally, backed by Ingka Investments, Baker Hughes, and Breakthrough Energy Ventures.

54/100

Mixed / Improving· Provisional

ClimateTicker Green Score · how it's calculated

Greenwashing risk: mediumData confidence: low

Why it's on ClimateTicker

Baseload Capital develops and finances low-temperature binary-cycle geothermal power plants globally, displacing fossil-fuel baseload generation with continuously available, near-zero-emission renewable electricity. The core business is genuinely climate-positive: geothermal binary-cycle plants emit negligible greenhouse gases during operation and directly substitute firm fossil-fuel capacity. However, the company is pre-revenue at scale, lacks published SBTi or CDP disclosures, and quantified avoided-emissions data from its operating portfolio is not publicly verifiable — so the impact thesis rests heavily on technology and investor pedigree rather than independently audited results.

mitigationBaseload Capital provides early-stage equity and debt financing to its wholly-owned Baseload Power subsidiaries, which develop, build, and operate geothermal heat and power plants; the parent earns returns through project economics and energy off-take revenues generated by its portfolio companies across Iceland, the US, Japan, and Taiwan.

Controversy & Greenwashing Watch

lowChevron Technology Ventures as early investor

Chevron's venture arm was an early investor alongside climate-focused funds; while not a direct controversy, association with a major fossil-fuel company's venture unit warrants ongoing monitoring for alignment conflicts.source ↗

Community Reviews

No reviews yet. Be the first to share your experience!