Press Release

Field-proven executives add decades of experience delivering large-scale energy infrastructure as XGS begins construction of multiple projects across the western United States HOUSTON–XGS Energy, Inc. (XGS), a developer of next-generation geothermal power systems, today announced two new senior leaders: Al Vickers, Chief Operating Officer, and Kurt Fricker, Chief Procurement Officer. Alongside these appointments, Dr. Ghazal Izadi

Veteran energy finance executive brings decades of public and private capital markets expertise as XGS executes a multi-gigawatt geothermal pipeline

XGS Energy enters agreement with CC Power to develop 115 MW of next-generation geothermal energy, partnering to bring new clean, reliable geothermal energy supplies to California

XGS Energy and Baker Hughes today announced a strategic collaboration and initial order for Baker Hughes engineering services to advance XGS’s planned 150-megawatt geothermal project in New Mexico.

XGS Energy’s latest milestone demonstrates record performance for water-independent geothermal system, as company advances multi-gigawatt global pipeline led by recent Meta partnership.

Gov. Michelle Lujan Grisham today announced that XGS Energy and Meta have entered into an agreement to develop 150 megawatts of advanced geothermal energy in New Mexico.

XGS Energy enters agreement with Meta to develop 150 MW of next-generation geothermal energy, expanding the frontiers of reliable, baseload geothermal energy

XGS Energy has secured $13 million in new financing from Aligned Climate Capital, ClearSky, ClimateIC, and WovenEarth Ventures to accelerate its next-generation geothermal power projects across the Western U.S. This investment supports the expansion of XGS’s water-independent geothermal technology, advancing its multi-gigawatt project pipeline to meet growing demand for reliable, baseload clean energy.

XGS Energy today announced that Axel-Pierre Bois, Ph.D., has been promoted to Chief Technology Officer (CTO) and Lucy Darago, Ph.D., has been promoted to Chief Commercial Officer (CCO)