PanTerra in the News :: PanTerra to offer geothermal under third-party agreement
PanTerra Energy LLC has become the first private company in the state to be registered with the Colorado Public Utilities Commission as a geothermal utility, and now will seek to provide geothermal heating and cooling services to clients.
It can cost millions to install geothermal exchange systems in commercial office buildings, which has been an industry barrier for years, according to Mike Ryan, president and co-owner of PanTerra. Thus the Englewood startup, which opened in 2011, is going to follow the third-party ownership business model common in the solar-power industry.
PHOTO: Mike Ryan and Tom Myers of PanTerra Energy LLC have registered their company with the Colorado Public Utilities Commission as a geothermal utility.
Source: Denver Business Journal
July 13, 2012