This Week in Geothermal Opinion: Mergers opens doors to capital for small geothermal firms

In and interview with The Energy Report, Steven Li, Senior VP of Technology & Clean Tech at Raymond James says “It’s pretty simple. The bigger you are, the more institutionally relevant you become. It opens up doors to accessing the capital markets.” “By merging, you have a company that has a market cap that is very institutionally relevant. And not only that, the other advantage is you get an increased pool of managerial expertise you can leverage across the different assets coming from the different firms.”