Portfolio
Generating Power, Profits and Shareholder Value
Cindrigo is a developer of clean baseload power plants. The company is primarily focused on Waste to Energy and geothermal energy solutions across Europe.
WASTE-TO-ENERGY: heat from combusting waste drives steam turbines. WtE plants are carbon neutral or negative by avoiding methane.
GEOTHERMAL: heat from geothermal resource drives steam turbines. Carbon negative by avoidance of grid emissions from fossil fuel baseload.
As the coordinating project owner, Cindrigo is poised to become a significant renewable energy provider. Value creation by Cindrigo is intended to be driven by the efficient use of resources, consistent with the Company’s core expertise in leading projects as a developer, that result in its development as an Independent Power Producer (“IPP”).
Technology and operating risks are the lowest in the sector and projects eminently financeable.

Technology and operating risks are the lowest in the sector and projects eminently financeable.
Current Projects
Waste to Energy in Finland
The Kaipola Waste to Energy plant in Finland is a 110MW Combined Heat and Power (“CHP”) plant, which has a 25MW electricity and 85MW steam production capacity.
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Geothermal in Germany
Developing three geothermal energy projects in the Upper Rhine Valley in Germany with a combined target installed potential capacity exceeding 300 MW.
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Cindrigo holds a 50-year lease on the Kaipola Waste to Energy plant in Finland.
Waste to Energy
The Waste to Energy (WtE) market addresses two critical needs: sustainable waste management and renewable energy generation.
It is one of the most robust and effective alternative energy options, producing sustainable, local, low carbon, cost-effective and reliable baseload energy.
The global WtE market is projected to grow at a CAGR of 3.3% by 2032 (source: Visiongain Reports Ltd). WtE facilities have become increasingly essential infrastructure in Europe as growing populations, greater consumption and increasing urbanisation, coupled with the demand for sustainable waste disposal solutions and need for reliable renewable energy, make them central to future sustainable development.
Change tagline “Waste to Energy – since 1995, the global WTE industry has increased by more than 16 million tonnes of municipal solid waste.” To “The global Waste to Energy market is projected to grow at a CAGR of 3.3% by 2032”

Waste to Energy – since 1995, the global WTE industry has increased by more than 16 million tonnes of municipal solid waste.
Geothermal
Utilising the natural heat of the earth, geothermal energy is arguably the world’s largest untapped source of renewable energy. The drive to decarbonise and to increase domestic energy security has led to increased policy initiatives in the EU to scale up geothermal energy.
Geothermal power is prioritised for its large-scale, stable baseload energy, crucial for grid stability and replacing fossil fuels. Increased energy demands and challenging climate targets, set after COP26 and intensified by the Ukraine crisis, have elevated baseload and geothermal importance for energy independence. Large geothermal license areas allow reduction of other non-environmental baseload energy plants, such as fossil plants, and complement the growing amount of intermittent energy sources like solar and wind, to stabilise the grid. Geothermal energy plants small footprint and clean output, producing only water vapor, result in minimal environmental impact and broad public acceptance.
The European Union (EU) supports research and development of the geothermal technologies and sector with funding of projects on both direct use of heat and the use of extracted heat to generate electricity, through an array of activities based on two major policy initiatives: the European Green Deal and the SET-Plan.

Geothermal – a well-established source of power production.
Cindrigo – An investment opportunity with high upside potential