Partnership secures critical tubular supply and engineering expertise as XGS advances a 3-GW geothermal pipeline and begins construction on its 150-MW Meta-backed project in New Mexico
The New Mexico State Investment Council’s newly released report highlights the Strategic Venture Capital Program’s success in driving major economic impact in the state. XGS Energy is featured as a key company supported through SIC-backed venture funds, with its partnership to develop a next-generation geothermal power project in New Mexico cited as a standout example of how strategic capital is attracting high-impact clean energy investment to the region.
Report finds large returns from State Investment Council program Read More »
The U.S. Department of Energy (DOE)’s 2025 Geothermal Market Report validates what XGS is already delivering: geothermal is moving beyond the limits of conventional systems, backed by policy momentum, private capital, and new technologies validated at commercial scale.
2025 U.S. Geothermal Market Report Read More »
Governor Michelle Lujan Grisham discusses New Mexico’s economic development, highlighting XGS Energy’s $1.2 billion partnership to advance geothermal energy and create jobs across the state.
New Mexico Gov. Michelle Lujan Grisham’s State of the State Address Read More »
Strategic capital in New Mexico is backing proven climate tech and XGS is proud to be part of it. Backed by Anzu Partners, XGS’s water independence lets us develop projects across the arid U.S. west, with our Meta project serving as a critical first step to unlocking the 160 GW of next-generation geothermal potential in New Mexico.
2025 Strategic Venture Capital Program Annual Report Read More »
XGS CEO Josh Prueher, speaks with Renewable Energy Magazine sharing how XGS is breaking past the limits of conventional geothermal systems.
XGS featured on NPR’s Here & Now from WBUR, digging into how XGS is unlocking the vast geothermal potential of New Mexico and beyond with our water and geology independent system.
‘Hot rocks’ have a moment in the quest for renewable energy Read More »
In this episode of Power Shift, Martin Craighead, Former Chairman and CEO of Baker Hughes, joins us to explore why the oil and gas industry is turning its attention toward geothermal energy. Martin shares his insights on how the sector’s expertise, technology, and technology can accelerate geothermal development, and why XGS is uniquely positioned to lead the energy transition. Listeners will gain perspective on the synergies between oil and gas and geothermal, and what it will take to scale clean, round-the-clock, baseload power.
The Power Shift Podcast Episode 4 | Geothermal Can Build What’s Next Read More »
Insights from XGS CEO Josh Prueher are featured in a Data Center Dynamics piece exploring how geothermal is powering hyperscaler ambitions as energy demand from AI continues to rise.
Drilling for data: Can geothermal power meet hyperscale ambitions? Read More »
XGS’s 150-MW partnership with Meta and presence in New Mexico is mentioned in an episode of Latitude Media’s Catalyst with Shayle Kann podcast.
New Mexico Proves America Can Still Build Read More »
