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Article: Germany : D&S Geothermie acquires 51% interest Geysir Europe Energy.
- Article from:
- TendersInfo
- Article date:
- July 10, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: prashant03
D&S Geothermie, a subsidiary of Daldrup & Sohne, a publicly traded German geothermal drilling company, has acquired 51% of the shares in Geysir Europe by an issuance of new shares. The remaining 49% is held by the Icelandic geothermal company Geysir Green Energy.
Geysir Europe owns the project companies Exorka International in Munich and Enex Power Germany as well as Enex Deutschland, both located in Wolfratshausen, Bavaria. Geysir Europe is a developer of geothermal projects in Germany. All in all, the entire Geysir Europe group holds 13 claims for the development of geothermal energy in the Bavarian Molasse Basin as well as in ...