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arcticgreencorp.com

Stage

Loan | Alive

Total Raised

$150M

Last Raised

$50M | 4 yrs ago

About Arctic Green Energy

Arctic Green Energy, which has offices in Iceland, China and Singapore, aims to create zero-emission cities through renewable resources, technology and infrastructure. Most of its projects are currently based on geothermal as the primary energy source.

Arctic Green Energy Headquarter Location

Sudurlandsbraut 18

Reykjavik, 108,

Iceland

+354 558 0880

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Expert Collections containing Arctic Green Energy

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Arctic Green Energy is included in 1 Expert Collection, including Renewable Energy.

R

Renewable Energy

2,826 items

Includes companies working on technology to support renewable energy generation.

Latest Arctic Green Energy News

GIC invests $326 million in Arctic Green Energy

Jul 27, 2021

The Straits Times GIC invests $326 million in Arctic Green Energy The funds would help Singapore-based Arctic Green Energy launch new projects and ramp up its capability in geothermal energy.PHOTO: REUTERS Published They can read the article in full after signing up for a free account. Share link: All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access to all stories at $0.99/month for the first 3 months. including the ST News Tablet worth $398. Let's go! Spin the wheel for ST Read and Win now. Let's go! BENGALURU (REUTERS) - Singapore sovereign wealth fund GIC will invest US$240 million (S$326 million) in Arctic Green Energy to support the renewable energy firm's expansion in Asia and Europe, the companies said on Monday (July 27). Arctic Green Energy focuses on the decarbonisation of the building sector and has a geothermal partnership with China's state-owned oil giant China Petroleum & Chemical Corp . The funds would help Singapore-based Arctic Green Energy launch new projects and ramp up its capability in geothermal energy, which is derived from hot underground springs and is a greener alternative to using fossil fuels for heating and cooling. JP Morgan acted as the sole placing agent for the deal. More on this topic

  • Where is Arctic Green Energy's headquarters?

    Arctic Green Energy's headquarters is located at Sudurlandsbraut 18, Reykjavik.

  • What is Arctic Green Energy's latest funding round?

    Arctic Green Energy's latest funding round is Loan.

  • How much did Arctic Green Energy raise?

    Arctic Green Energy raised a total of $150M.

  • Who are the investors of Arctic Green Energy?

    Investors of Arctic Green Energy include Asian Development Bank, China Everbright Bank and CITIC Capital.

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