Vulcan Energy Powers Ahead: Geox GmbH Acquisition Supercharges Lithium and Renewable Ambitions in Germany
In a move that promises to redefine the renewable energy and lithium landscape in Europe, Vulcan Energy has officially completed its acquisition of Geox GmbH a bold stride toward streamlining operations and accelerating the energy transition. By: Robert Buluma The deal, which includes geothermal wells, renewable energy generation assets, and a valuable geothermal and lithium licence around the City of Landau, Germany, positions Vulcan as a powerhouse in clean energy innovation. Announced back in September 2024, the agreement aimed to consolidate Vulcan’s upstream Phase One lithium and renewable energy assets. By acquiring 100% of Geox’s holdings — and replacing a prior joint venture and brine offtake agreement — Vulcan has now secured total control of a strategic asset base that will serve as the cornerstone of its ambitious Lionheart Project. Geothermal, Lithium, and Leadership The assets at the heart of this acquisition are no ordinary infrastructure. Located in the Landau...