Baker Hughes Signs Geothermal Deal Targeting 500 MW in North America
Baker Hughes (NASDAQ:BKR) has signed a deal with geothermal developer Mantle Reach Power to deliver up to 500 megawatts of geothermal capacity over the next five years. The agreement reflects growing demand for reliable power sources driven by data centers and AI, positioning Baker Hughes as an integrated subsurface solutions provider.
Tickers: $BKR
Topics: AI demand electricity infrastructure geothermal energy