Cyrq Energy

venture active confidence: Medium status: Draft updated 2026-08-11

Type
venture
Status
Draft
Confidence
Medium
Tier
C
Builder-tier
B
Activity-signal
2025-05-07 · https://www.thinkgeoenergy.com/ormat-acquires-blue-mountain-geothermal-project-in-nevada/
Activity-checked
2026-08-14
Focus
geothermal power, plant operations, binary-cycle plants, hydrothermal resources
Roles
field-skilled-trades, hardware-engineering, physical-sciences, manufacturing-operations
Stage
Private geothermal operator
Ownership
private
Primary Location
unknown
Utah Location
Beaver County, UT (Thermo No. 1 / Minersville–Milford area)
Region
Beaver County
Map Location
Thermo No. 1 geothermal plant area, near Milford, UT
Coordinates
38.16065, -113.19446
Location Precision
approximate
Location Source
https://www.gridinfo.com/plant/thermo-no-1/57353
Website
https://cyrqenergy.com/
Domain
energy
Updated
2026-08-11
Needs-reviewed
2026-08-11

Summary

Cyrq Energy operates geothermal power plants in the western United States, including Thermo No. 1 (also called Thermo 1) near Minersville / Milford in Beaver County, Utah. Thermo No. 1 adds firm renewable megawatts from a known hydrothermal resource.

Impact

Thermo No. 1 adds firm renewable megawatts from a known hydrothermal resource. Impact is real but incremental versus enhanced-geothermal upside narratives — the plant has been producing since about 2013. Cyrq's broader portfolio (including power that Cyrq says supplies University of Utah / Heber City via other plants) matters more as an employer and offtake pattern than as a Utah-only story.

Utah Context

Thermo sits in the Escalante Valley / Thermo Hot Springs area of southwestern Utah. Public technical papers co-authored by Cyrq and Ormat staff describe ongoing reservoir modeling for field management. Ormat historically supplied equipment / EPC context for the plant's development path (see Ormat page Open Questions / history). Confirm current Utah headcount and hiring before treating Cyrq as an active local employer.

What They Need Now

Public careers detail for Utah specifically is thin on a plain fetch of cyrqenergy.com. Durable role families for a binary geothermal operator include plant operators and O&M technicians, reservoir / production engineers, geochemists, instrumentation and controls staff, and field drilling/workover contractors. Verify openings on Cyrq's own site or LinkedIn before recommending a Utah application path.

Evidence

Open Questions

  • Where is Cyrq's corporate headquarters, and does it publish a Utah careers filter?
  • Exact legal-entity ownership of Thermo No. 1 BE 01 LLC versus Cyrq Energy branding.
  • Current generation and capacity-factor trend (EIA shows mid-50s GWh/year recently).

See Also