Transform Illiquid Thermal Infrastructure Assets Into Working Capital
The GeoExchange ground-loop infrastructure beneath your facility represents a significant and trapped capital investment. Veritas offers a specialized pathway to convert these geothermal assets into a liquid, third-party Thermal Utility ownership of the exterior borefield and defined thermal interface. Our model allows you to monetize your thermal energy assets while maintaining the full operational efficiencies of the system.
The Veritas Advantage: Why Partner with Us?
Our transaction structure is designed to optimize your balance sheet and thermal operational efficiency immediately:
- Capital Recovery & Redeployment: Recover capital that was previously locked in subsurface infrastructure and redeploy it to your core business operations.
- Balance Sheet Optimization: Remove the energy infrastructure assets and their associated long-term liabilities from your balance sheet.
- Full Benefit Retention: Retain energy efficiencies, Carbon/ESG credits, and where applicable, Investment Tax Credit (ITC) benefits.
- Scalable Infrastructure Capital: Access dedicated energy capital to fund future borefield expansions or facility upgrades without traditional debt constraints.
- Budget Stability: Align your monthly utility costs with thermal load profiles through a predictable, usage-based service fee.
Strategic Asset Management
Veritas specializes in acquiring both established, operating geothermal systems and newly commissioned projects. Once acquired, Veritas assumes ownership and O&M of the exterior borefield and defined thermal interface, including:
- Expert Oversight: Long-term system operations and asset integrity.
- Flexible Thermal Service Agreements: A transparent monthly service fee that can be variable based on usage.
- On-Demand Exit: Our arrangement includes a 30-day termination clause, providing you the right to reacquire the system at any time, for any reason.
Proven Infrastructure Experience
Veritas has extensive experience funding, owning, and managing complex infrastructure for institutional customers, including the U.S. Navy. Our portfolio includes essential services like wastewater treatment, transportation, and distributed energy systems.
Partner with Veritas to monetize illiquid energy investments and secure a reliable, utility-grade thermal future.
