Reported from France today, geothermal and lithium group Arverne, created by former oil companies to take advantage of geothermal energy, enters the stock market today. The company specializing in drilling hopes to boost the activities of its subsidiaries, from the production of lithium for batteries to geothermal energy for all.
To develop deep and surface geothermal energy, Arverne takes care of drilling activities itself, and has several dedicated machines.
“We don’t talk enough about the subsoil, it’s missing in the world of green energies ,” laments Pierre Brossollet to explain his journey. An oil engineer formerly with Total (now TotalEnergies) and Maurel & Prom, he founded the Arverne group in 2018 to “ take advantage of the potential of the subsoil by offering integrated solutions ”. It is always with this objective that he justifies, to L’Usine Nouvelle, the entry into the stock market of the company – parent company (and owner of more than 60%) of the company Lithium de France, but also of two subsidiaries dedicated to geothermal energy (2gré and DrillHeat) and another drilling specialist.