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CONTROLLED THERMAL RESOURCES
Controlled Thermal Resources
Geothermal Energy · Imperial, California · United States · Founded · 2020 · ≈ · 28 · employees

Controlled Thermal Resources: Company Profile & Valuation

Private

Controlled Thermal Resources is a private company, founded in 2020. Its most recent disclosed valuation is $4.7B. Its shares do not trade on a public exchange.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Controlled Thermal Resources at a glance
Last valuation
$4.7B
MAR 2026
Raised across rounds
$4.5M
1 round
IPO status
Private
no listing announced
Nearest Canborsa market
CL—
CL-PERP · live
Valuation history

Controlled Thermal Resources valuation history

One company valuation: $4.7B, dated Mar 2026.

Latest valuation
Dated Mar 2026
Undated: Grant at —.
Funding history

Controlled Thermal Resources funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Grant
—
$4.5M
—
California Energy Commission
—
Controlled Thermal Resources · investors

Investors

CCalifornia Energy CommissionLEADSStellantis
Will Controlled Thermal Resources IPO?
Founded
2020
IPO
Not announced
No filing has been made.
Controlled Thermal Resources — the private market
Last valuation$4.7B · Mar 2026
Total raised$4.5M
Lead investorsCalifornia Energy Commission
IPO statusNot announced
Founded · HQ2020 · Imperial, California · United States
Employees≈ 28
Next price updatethe next funding round or secondary sale
Between roundsno daily price and no order book
About Controlled Thermal Resources

Controlled Thermal Resources (CTR) was established in 2013 and is headquartered in Imperial County, California, with additional offices in Brisbane, Australia, and Houston, Texas. The company is developing Hell's Kitchen, a combined geothermal power and lithium extraction project in the Salton Sea Geothermal Field, generating renewable baseload power while extracting and refining battery-grade lithium without sending material offshore for processing.

General Motors signed a strategic investment and collaboration agreement with CTR in 2021, and Stellantis invested more than $100 million in the company in 2023 as part of a wider partnership.

The money screen · ranked by accessibility

How to get Controlled Thermal Resources exposure today

1Funds that hold private namesPublic wrappers

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Controlled Thermal Resources.

Often trade at a premium or discount to NAV.

Any brokerage account
2Secondary marketplacesPrivate shares

Platforms match existing holders with buyers. Controlled Thermal Resources availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — Controlled Thermal Resources included.

No account needed

Controlled Thermal Resources stock — frequently asked questions

How can I get exposure to Controlled Thermal Resources?›

The routes section explains what is realistically available for a company at this stage.

Is Controlled Thermal Resources publicly traded?›

No. Controlled Thermal Resources is a private company; its shares do not trade on a public exchange.

What is Controlled Thermal Resources's valuation?›

The last valuation is $4.7B.

Who has invested in Controlled Thermal Resources?›

Lead investors for each round are in the funding timeline.

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