Wagram advised Adonec, a Family Office, on its capital increase and majority control in General Energy Recovery Inc. (“GERI Inc.”).
About GERI
General Energy Recovery Inc. (“GERI”) is a Canadian Energy Transition Technology company specializing in enhanced heavy-oil recovery while reducing greenhouse gas emissions. Guided by its mission, “Recovering More, Emitting Less”, GERI helps producers boost oil recovery, decarbonize operations, and achieve strong returns.
GERI’s core multi-patented technology, Direct Contact Steam Generation (DCSG), revolutionizes thermal oil recovery by co-injecting steam and combustion gases into reservoirs. This process enhances oil extraction while storing CO₂ underground, cutting emissions and improving efficiency.
With GERI, the oil recovery industry can adopt a more sustainable and profitable future through innovation and environmental responsibility.