News and Insights

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.

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.

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.

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.

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.

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.

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.

XGS mentioned in a New Yorker article exploring why now is the time for geothermal energy.

Aligned Climate Capital (ACC) is a U.S.-based asset management firm focused exclusively on investments that support the clean energy transition and decarbonization of the global economy and its infrastructure. Pulse 2.0 interviewed Aligned Climate Capital CEO Peter Davidson to gain a deeper understanding of the firm.