24 March 2022 — Icelandic company GEG ehf., whom GEG Kenya is a subsidiary of, is embarking on an exciting new path following Cindrigo’s acquisition of Energy Co-Invest Global (ECG), their largest shareholder. Cindrigo has plans for geothermal development in Central Europe, in particular.
GEG will continue to advance and develop their current projects worldwide (such as the direct use cooling project in Northern India), including their ongoing work in Kenya. Read the full article on the GEG ehf. website here and learn more about this industry-defining acquisition on the London Stock Exchange here.