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Alternative Earth Resources
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Provider of electricity focused on geothermal power generation in the United States

Founded in 1995
Founded in

Company type Out of Business Public (AER.V)
Company type

Industry Group energy & power

Sector geothermal

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Vancouver, BC Vancouver, Canada
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Updated by Cleantech Group on 07/29/2021

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IPO INFORMATION

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AER.V

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Date Investors Type Amount
07/18/2011 US Department of the Treasury (DoT) US Department of the Treasury (DoT) (1)
Post-money valuation of
The $7.9m grant from the US Treasury, in lieu of tax credits, related to additional drilling at the Blue Mountain Faulkner 1 plant.
 Grant $7,900,000
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