• Baker Hughes signed a commercial agreement with Mantle Reach Power to accelerate large-scale geothermal deployment across North America.
• Parties target up to 500 MW of installed geothermal capacity over the next five years.
• Baker Hughes will serve as integrated subsurface solutions provider; Mantle Reach will lead development, ownership, financing.
• Structure aims to improve pre-construction bankability, a key hurdle for scaling geothermal projects.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Baker Hughes Company published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606240700PRIMZONEFULLFEED9751135) on June 24, 2026, and is solely responsible for the information contained therein.