Plum Acquisition Corp. IV and Controlled Thermal Resources Outline a Large-Scale Geothermal and Critical Minerals Platform Plum Acquisition Corp. IV (“Plum IV”) and Controlled Thermal Resources Holdings Inc. (“CTR”) are moving toward a proposed business combination that would create a public company focused on one of the most ambitious geothermal and critical minerals developments in the United States. The combined entity is expected to trade on Nasdaq under the pro forma ticker CTRH, reflecting a platform built around clean baseload power, lithium recovery, and broader critical minerals production. The investor presentation dated August 2026 frames the transaction around CTR’s Hell’s Kitchen project in Imperial County, California, which is presented as a strategically positioned resource opportunity with energy, minerals, infrastructure, and permitting advantages. At the center of the presentation is a clear message: this is not just a power project, and it is not j...
ENNA Geo Acquires IGeoPen to Accelerate Croatia’s Geothermal Expansion By : Robert Buluma Croatia’s renewable energy ambitions have received a major boost following ENNA Geo’s acquisition of IGeoPen, a strategic move that strengthens the country’s growing geothermal sector and signals a deeper commitment to energy independence. The acquisition adds three new geothermal exploration licenses — Ernestinovo, Sječe, and Pčelić — to ENNA Geo’s expanding portfolio, positioning the company at the center of Croatia’s emerging geothermal transformation. The announcement, shared publicly by ENNA Geo Director Ivana Meašić, immediately attracted attention across Europe’s renewable energy landscape. At a time when nations are racing to secure reliable domestic energy supplies amid global geopolitical uncertainty and volatile fossil fuel markets, geothermal energy is rapidly becoming one of the most attractive renewable solutions available. Unlike solar and wind energy, geothermal provides c...