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10 Project Finance Lessons from Europe’s Geothermal-Lithium Lighthouse
This case study by RMI examines the financing of the Lionheart project in Germany, a first-of-a-kind industrial facility integrating geothermal power, lithium extraction from brines, and on-site lithium hydroxide production. The document details the €2.2 billion financing package closed in December 2025 and outlines ten financial and operational de-risking strategies used to attract international investors despite geopolitical uncertainty and volatile lithium prices.
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Document type: Case study
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