Green Tech International S.A. (9KY)

Overview

Green Tech International S.A. is a leading European utility company based in Bucharest, Romania, that specializes in the production and distribution of geothermal energy. Established in 2012, the company has rapidly grown to operate one of the largest geothermal portfolios in Europe, with a total of 83 deep geothermal wells—42 of which are directly owned and 41 managed for third parties. The company collectively delivers an impressive installed thermal capacity of 300 MWth.

The core activities of Green Tech International revolve around the extraction of geothermal waters, which are pivotal for supplying thermal energy used for heating and cooling. The company services a diverse clientele that includes private individuals, corporate entities, and municipal clients, making significant contributions to sustainable infrastructure. Green Tech International S.A. is at the forefront of advancing district heating systems and supports energy-intensive sectors such as horticulture, data centers, and food processing by providing eco-friendly energy solutions. Through strategic investments in synergistic industries, Green Tech International harnesses its geothermal expertise to promote decarbonization and enhance energy efficiency. Aiming for continued growth, the company has set ambitious goals to surpass 100 wells and reach a thermal capacity of 1 GWth by 2030, solidifying its role as a leader in the transition to renewable energy across Europe.

Products and Services

• Geothermal Energy Production

  Green Tech International specializes in harnessing geothermal energy for sustainable heating and cooling solutions. By extracting geothermal waters, the company generates thermal energy that supports various sectors, contributing to energy independence and sustainability.

• District Heating Systems

  The company is a key player in developing and managing district heating systems, particularly in urban environments. These systems enable multiple buildings to be supplied with heat from a centralized geothermal source, enhancing energy efficiency and reducing carbon emissions.

• Thermal Energy Distribution

  Green Tech International offers thermal energy distribution services to a wide range of clients, including municipal entities and large corporations. This service focuses on ensuring reliable delivery of thermal energy for heating and cooling applications, tailored to meet the specific needs of each client.

• Consulting Services

  The company provides expert consulting services aimed at supporting clients in optimizing their energy usage and promoting sustainability. They leverage their extensive experience in geothermal energy to help stakeholders adopt eco-friendly solutions that align with decarbonization goals.

• Investment in Synergistic Industries

  Green Tech International actively invests in industries where reliable heating and cooling are crucial cost factors. By developing geothermal energy solutions in these sectors, the company not only enhances its portfolio but also contributes significantly to energy efficiency and sustainability.

• Expansion and Future Developments

  With a clear vision for the future, Green Tech International is focused on expanding its geothermal well portfolio and increasing thermal capacity. The company's goal is to exceed 100 wells and reach 1 GWth thermal capacity by 2030, reinforcing its commitment to renewable energy leadership in Europe.