ThermaSource LLC Garners $41,500,000 New Funding Round

  • Feed Type
  • Date
    8/12/2008
  • Company Name
    ThermaSource LLC
  • Mailing Address
    3883 Airway Dr. Santa Rosa, CA 95403
  • Company Description
    ThermaSource, LLC (TSL) provides the geothermal industry with two vitally needed services: First, we provide an engineering consulting service which has been our business mainstay since 1980. Secondly, we provide the industry with out fleet of drill rigs and experienced wells on geothermal projects in the western United States.
  • Website
    http://www.thermasource.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $41,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    ThermaSource is using these resources to finance the acquisition of geothermal drilling rigs and to develop the associated drilling services including engineering, mud-logging, cementing and exploration.
  • M&A Terms
  • Venture Investor
    Rustic Canyon Partners
  • Venture Investor
    Undisclosed

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