CTV to invest $25m in Baseload Capital.

Chevron Technology Ventures, a company investing in externally developed technologies and new business solutions could help parent Chevron, an energy company, is set to invest $25m in Baseload Capital, a Sweden-based private investment company focused on development and operation of low-temperature geothermal and heat power assets. “Chevron’s investments in geothermal power reflect our ongoing focus on helping to advance the world’s transition to a lower-carbon future. We look forward to working with Baseload Capital and Eavor to expand geothermal resources in the US and internationally," Barbara Burger, Chevron Vice President, Innovation and President.