Project InnerSpace Announces the Launch of Abundance Energy Group, a Public Benefit Corporation Built to Engage Institutional Capital and Oil Majors at Scale in Geothermal ...

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Project InnerSpace, the leading independent non-profit dedicated to the global development of next-generation geothermal energy, has welcomed the Abundance Energy Group, a newly launched for-profit public benefit corporation, into its family of entities focused on catalyzing fast global scale for geothermal energy.

Scaled institutional investment and oil major participation are the final frontiers in the push to catalyze exponential growth of geothermal energy by the end of the decade

BOSTON, Nov. 12, 2026 /PRNewswire/ -- Project InnerSpace, the leading independent non-profit dedicated to the global development of next-generation geothermal energy, has welcomed the Abundance Energy Group, a newly launched for-profit public benefit corporation, into its family of entities focused on catalyzing fast global scale for geothermal energy.

The Abundance Energy Group was formed to address structural gaps in institutional-scale geothermal investment and development through a global market and capital creation campaign modeled after the shale revolution. The public benefit corporation intends to engage investors through a multi-stage portfolio approach designed to align with the risk profiles and investment mandates of a wide variety of institutional investors. The research foundation and financial engineering underlying this new investment vehicle have been under development within a research division of Project InnerSpace since 2022, and are now being licensed by the Abundance Energy Group to execute on the structure.

Project InnerSpace is a focused research organization (FRO) advancing science to remove the major barriers that stand in the way of scaled global development of geothermal energy by the end of this decade. In 2022, Project InnerSpace identified lack of institutional engagement in geothermal development as a primary barrier impeding growth. In the years since, research into the failure of financial markets to engage at scale in geothermal development concluded that targeted interventions were required to train capital markets and institutions to invest, including adaptation of financial instruments that are standard in oil and gas development, and development of a system of valuation and…

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