LVestus Energy is a geothermal services company that finances, installs and operates ground-source heat exchange (GeoExchange) loop fields for commercial customers. Through its patent-pending GeoTPA™ (Thermal Purchase Agreement) program, the company funds the exterior loop field portion of a geothermal system, allowing building owners, municipalities, schools and hospitals to adopt geothermal heating and cooling with zero upfront capital. Customers then purchase thermal energy under 15- to 25-year fixed-price agreements that hedge against fossil-fuel price volatility and typically cost less than conventional HVAC alternatives from day one. LVestus positions itself as a utility-like provider, owning and maintaining the underground infrastructure while clients enjoy predictable operating costs and lower carbon footprints. The company reports strong demand for GeoTPA™, which it cites as the driver behind securing substantial project financing. With $750 million of committed capital now dedicated to loop field deployment, LVestus plans rapid expansion of installations to meet institutional and corporate demand for stable, green energy solutions.

Total raised

$750M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2011