Eavor Technologies Ranks No. 2
Analysis based on 7 articles · First reported Jun 09, 2026 · Last updated Jun 09, 2026
The recognition of Eavor Technologies as a top GreenTech company is likely to increase investor confidence and attract further investment into the renewable energy sector, particularly geothermal technology. This positive sentiment could also benefit its existing equity investors such as Live Oak Venture Partners, BP, and Microsoft.
Eavor Technologies, a Calgary-based geothermal technology company, was named No. 2 among 250 companies on TIME's World's Top GreenTech Companies 2026 list. This recognition, awarded in collaboration with Statista Inc., highlights Eavor's progress in advancing its closed-loop geothermal system, building partnerships, and expanding into new markets. Mark Fitzgerald, President and CEO of Eavor Technologies, spoke at the World Geothermal Congress 2026, emphasizing geothermal's role in the global energy mix. The company has achieved significant technological advancements during the construction of its Eavor-Loop geothermal facility in Germany. Eavor Technologies is supported by equity investments from several global energy producers, investors, developers, and venture capital funds, including Live Oak Venture Partners, BP, Chubu Electric Power, Canada — BDC Capital, Temasek Holdings, BHP, OMV, Canada — Canada Growth Fund, Kajima, and Microsoft.
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