ESB Novusmodus, the €200m ($250m) corporate venturing fund of Ireland-based power utility ESB, has led a £12.1m ($20m) investment in Geothermal International to partly help the heat pump maker company acquire a peer. ESB Novusmodus has invested £8.6m and other investors, including SSE Ventures, the corporate venturing fund of local utility Scottish & Southern Energy…
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