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Baker Hughes and Mantle Reach Power, an EnCap Energy Transition Company, Announce Strategic Agreement to Accelerate Large-scale Geothermal Across North America

Markets GlobeNewswire By GlobeNewswire 24 Jun 2026 11:00 1 min read
Baker Hughes and Mantle Reach Power, an EnCap Energy Transition Company, Announce Strategic Agreement to Accelerate Large-scale Geothermal Across North America

HOUSTON and LONDON, June 24, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, and Mantle Reach Power, a dedicated geothermal development company backed by EnCap Energy Transition Fund III, announced Wednesday a new commercial agreement to facilitate the economically viable, financially sustainable large-scale deployment of geothermal energy in North America.

HOUSTON and LONDON, June 24, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, and Mantle Reach Power, a dedicated geothermal development company backed by EnCap Energy Transition Fund III, announced Wednesday a new commercial agreement to facilitate the economically viable, financially sustainable large-scale deployment of geothermal energy in North America.

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