GEOTHERMAL INVESTMENTS

Our mission is to be a catalyst for renewable energy by investing in geothermal power.

WHO WE ARE

Baseload Capital is a specialized geothermal investment entity located in Sweden. Our mission is to be a catalyst for renewable energy by providing investments in geothermal power worldwide.

Our portfolio of companies in Iceland, Japan, Taiwan and the U.S. work with local communities and power companies to permit, build and commission geothermal power plants.

Geothermal power is an affordable form of renewable energy that can be harnessed from either geothermal resources or waste geothermal. By applying innovative geothermal investment financing structures to help our local operators build and run the geothermal power plants, Baseload Capital can help nations quickly transition away from fossil fuels and toward energy independence. The result will lead to more resilient societies and a planet in balance.

Browse our portfolio and learn more about the power plants in each of our markets.
PORTFOLIO

GEOTHERMAL INVESTMENT STRATEGY & CRITERIA

As humankind’s need for energy is expected to continue to grow, we need to deploy baseload electricity that does not contribute to global warming. At Baseload Capital, our vision is a planet in balance with resilient societies that run on renewable energy. To achieve this, we need to keep identifying, developing and investing in new sources of renewable energy.

We do this by making geothermal investments. Geothermal power has the potential to provide our planet with renewable baseload electricity. Our goal is to help start geothermal power companies around the world, wherever there is the potential to significantly reduce greenhouse gas emissions and at the same time generate a healthy financial return on our investments. To each new business in our portfolio, we bring equity, financial structuring, and knowledge.
OUR PROCESS

1

HEAT

Our sweet spots are locations with low and medium-enthalpy geothermal sources.

2

RESOURCE

We must be able to secure long-term access to a resource, either by acquiring the land, or through a lease agreement.

3

POWER-PURCHASE AGREEMENTS​

To ensure a stable return, we aim to obtain power-purchase agreements (PPA) with a minimum term of 10 years.

4

LOCAL DEVELOPERS​

We cannot execute a project without a local presence and local knowledge. That's why we set up Baseload Power companies, or acquire a stake in local developers like Varmaorka.

WHY GEOTHERMAL INVESTMENTS?

Susanne Liljefors Krueger tells why she became a believer.

EXECUTIVE MANAGEMENT

ALEXANDER HELLING

CEO

PERNILLA WIHLBORG

COO / CEO of Baseload Power

MATTIAS MÖRNESTEN

CIO

KRISTINA HAGSTRÖM-ILIEVSKA

CMO

CHARLOTTE RYLME

CFO

PRESS RELEASES 

ALL

Baseload Power Iceland appoints new Managing Director

Innovative Collaboration Paves the Way for Geothermal Energy

Frågor från framtiden: Det enda Panelsamtalet på Almedalsveckan där barnen får plats i klimatdebatten

Keeping hope alive

Chevron and Baseload Capital create joint venture to explore geothermal development opportunities

Baseload Capital and Orcan Energy successfully commissioned their first waste heat project with Chevron U.S.A. Inc.

Swedish Baseload Capital raises investment of USD 24 million to boost geothermal

Baseload Power Iceland to increase capacity with new geothermal well

Baseload Capital announces satisfaction of financing condition and declare the notice of early redemption of its bonds unconditional

Baseload Capital meddelar uppfyllande av finansieringsvillkor och förklarar meddelandet om förtidslösen av dess obligationer ovillkorat

Baseload Capital recognized by energy leader Baker Hughes

Baseload Capital meddelar utnyttjande av rätt till villkorad förtidslösen av utestående obligationer om sammanlagt nominellt belopp om 500 miljoner kronor

Baseload Capital announces conditional early redemption of outstanding bonds with a total nominal amount of MSEK 500

Baseload Capital Sweden AB (publ) today releases the results for the period 1 January – 31 March 2022

Baseload Capital Sweden AB (publ) rapporterar idag resultatet för perioden 1 januari – 31 mars 2022

Baseload Capital Sweden AB Secures €25 Million Debt Facility to Finance Geothermal Projects

Baseload Capital obtains approval from bondholders

Baseload Capital erhåller godkännande från obligationsinnehavare

Baseload Capital starts fourth operation in Japan

Baseload Capital completes third Power Plant in Japan

Baseload Capital seeks approval from bondholders regarding certain amendments to the terms and conditions of its MSEK 500 senior secured green bonds

Baseload Capital söker godkännande från obligationsinnehavare för vissa ändringar av villkoren för dess säkerställda gröna obligationslån om 500 miljoner kronor

Baseload Capital teams up with Orcan Energy in first U.S. oil and gas project

Annual report for the period 1 January – 31 December 2021

Årsredovisning för perioden 1 januari - 31 december 2021

Baseload Capital Attends CERAWeek - The World's Premier Energy Event

Geothermal Investment Company Baseload Capital Launches its New Series ‘Coffee with Baseload’ to Deformalize the Conversation Around Clean Energy

Baseload Capital Sweden AB (publ) today releases the results for the period 1 January – 30 December 2021

Baseload Capital Sweden AB (publ) rapporterar idag resultatet för perioden 1 januari – 30 december 2021

Geothermal industry mission: unity, cooperation, and a strong, clear message

Baseload Capital Sweden AB (publ) today releases the results for the period 1 January – 30 September 2021

Baseload Capital Sweden AB (publ) rapporterar idag resultatet för perioden 1 januari – 30 september 2021

The Switch – a new green podcast

The Switch - en ny grön podcast

Baseload Capital Sweden AB (publ) today releases the results for the period 1 January – 30 June 2021

Baseload Capital Sweden AB (publ) rapporterar idag resultatet för perioden 1 januari – 30 juni 2021

Niklas Adalberth i samtal om disruptiv teknik och riskhantering

Baseload Capital Sweden AB (publ) today releases the results for the period 1 January – 31 March 2021

Baseload Capital Sweden AB (publ) rapporterar idag resultatet för perioden 1 januari – 31 mars 2021

Annual report for the period 1 January – 31 December 2020

Årsredovisning för perioden 1 januari - 31 december 2020

Baseload Capital Holding Årsredovisning 2020

Baseload Capital closes equity round of $25 million with Chevron as new strategic investor

Baseload Capital stänger aktierunda på 25 miljoner US dollar med Chevron som ny strategisk investerare för att accelerera utrullningen av förnybar elproduktion

Interim report for the period 1 January – 31 December 2020

Delårsrapport för perioden 1 januari - 31 december 2020

Vinod Khosla to speak at seminar on trends in geothermal energy

Vinod Khosla till seminarium om geotermisk energi

Interim report for the period 1 January – 30 September 2020

Delårsrapport för perioden 1 januari - 30 september 2020

Emissions-free tour of power plant shows investors the future

Emissions-free tour of power plant shows investors the future

First Virtual Seminar for investors with special guests from Breakthrough Energy Ventures & the IGA

First Virtual Seminar for investors with special guests from Breakthrough Energy Ventures & the IGA

Baseload Capital signed a land lease agreement in California, USA

Interim report for the period 1 January – 30 June 2020

Delårsrapport för perioden 1 januari - 30 juni 2020

Baseload investigates the possibility of a new strategic partner

Can renewable energy save Japan’s historic spas?

Interim report for the period January 1 - March 31, 2020

Delårsrapport för perioden 1 januari - 31 mars 2020

Baseload Capitals seniora och säkerställda gröna obligationer upptas till handel vid Nasdaq Stockholm

Baseload Capital’s senior secured green bonds admitted to trading on Nasdaq Stockholm

Baseload Capital publishes prospectus and prepares for listing of senior secured green bonds on Nasdaq Stockholm

Baseload Capital offentliggör prospekt och förbereder notering av seniora och säkerställda gröna obligationer vid Nasdaq Stockholm

Baseload Capital completes first Power Plant in Japan

Baseload Capital Sweden (publ) Annual Report 2019

Baseload Capital Sweden (publ) Årsredovisning 2019

Baseload Capital Holding Årsredovisning 2019

Baseload Capital obtains approval from bondholders regarding certain amendments to the terms and conditions of its MSEK 500 senior secured green bonds

Baseload Capital seeks approval from bondholders regarding certain amendments to the terms and conditions of its MSEK 500 senior secured green bonds

Baseload Capital Sweden (publ) Annual Report 2018

Baseload Capital Sweden (publ) Årsredovisning 2018

Baseload Capital Holding Årsredovisning 2018

Baseload Capital issues green bond of SEK 500 million

Leading energy investor Breakthrough Energy Ventures invests USD 12,5 million in Baseload Capital

Baseload Capital – Mandate Announcement and Publication of Green Bond Framework

PRESS RELEASES

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Financial Reports

PRELIMINARY FINANCIAL CALENDAR 2022

27 MAY

Interim report first quarter 2022

26 AUG

Interim report second quarter 2022

25 NOV

Interim report third quarter 2022

24 FEB

Interim report fourth quarter 2022

GREEN BOND

To highlight Baseload Capital’s dedication to promoting renewable energy, the company has decided to issue green bonds to finance its operations and has therefore created a Green Bond Framework together with DNB Markets. Baseload Capital has obtained a second opinion from Sustainalytics to confirm the transparency of the Green Bond Framework and its alignment with the ICMA Green Bond Principles 2018.
IR CONTACT

KRISTINA HAGSTRÖM ILIEVSKA

CMO
+46 73-233 00 39
KRISTINA.HAGSTROM.ILIEVSKA@BASELOADCAP.COM
BUSINESS OPPORTUNITIES

SIMON WESTERLUND

INVESTMENT MANAGER
+46 73-841 63 67
SIMON.WESTERLUND@BASELOADCAP.COM
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