Beicip-Franlab acquires a stake in CFG

CFG Geothermal

Beicip-Franlab’s expansion into Deep Geothermal

Beicip-Franlab expands its Renewable Energy offering by acquiring a 50% stake in CFG, the French Geothermal Company

The investment in CFG represents an important step in Beicip-Franlab’s growth strategy. It marks its commitment to low-carbon energies by expanding its renowned geosciences offering towards Deep Geothermal Energy studies.

This transaction allows Beicip-Franlab and CFG to strengthen their technical and commercial collaboration and further develop their service offering and its geographical scope of action.