Cindrigo Holdings Limited (LSE:CINH) has been granted a one-year extension for its Worms exploration licence in the Upper Rhine Valley, enabling the company to advance key geothermal development activities. The additional time will support ongoing sub-surface analysis and early-stage environmental assessments—critical steps before moving into the next phase of permitting. The Worms project forms part of Cindrigo’s wider ambition to build up to 300 MW of geothermal capacity in Germany, spanning district heating, power generation, and potential lithium extraction. The extension marks a meaningful milestone for the company’s development roadmap, reinforced by Germany’s supportive policy landscape for geothermal energy.
More about Cindrigo Holdings Limited
Cindrigo Holdings Limited is a renewable energy developer focused on delivering clean, reliable baseload power across Europe. The company operates a 110 MW biomass combined heat and power facility in Finland and is progressing three geothermal projects in Germany. Its strategy centers on creating long-term value through scalable, environmentally sustainable energy solutions.
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