What Geoenergy does

Geoenergia Project Srls is an Italian geothermal engineering firm founded in 1994 and headquartered in Alatri (Frosinone, Lazio), operating as part of the Mascetti Group alongside subsidiary GeoTeam Srl (founded 2003). The company specializes in the design and construction of low-enthalpy geothermal plants that exploit shallow subsurface temperatures of 12-17°C at depths of 100-200 meters, producing heating, cooling, and domestic hot water for residential, commercial, and public-sector buildings. Core technical assets include proprietary Comacchio drilling rigs with dual counter-rotating heads, the GEO-DX horizontal closed-loop system, and HDPE ground probes marketed with a 100-year lifespan guarantee. The firm also performs site drilling as a service and offers technical consulting for designers and installers.

Revenue mechanics are turnkey: clients pay €1,500-€2,000 per installed kW, which positions a typical residential system (8-25 kW) in the €12,000-€50,000 range and larger commercial or institutional systems (200-270 kW) in the €300,000-€540,000 range. Go-to-market combines direct B2C/B2B sales — supported by free on-site inspections and digital content marketing — with partnerships to architects, engineering firms, and construction companies. Demand is materially supported by the Italian 55-65% tax deduction channeled through GSE (Gestore dei Servizi Energetici) for energy-efficiency interventions. Named customers span enterprise (IKEA, Monte dei Paschi di Siena, Orione Costruzioni, Mezzaroma Group), public institutions (Italian Navy / Marina Militare, schools, municipal buildings), and individual homeowners, with recent operations extended into Romania.

The firm holds ISO 9001-2008 quality certification and SOA Class 4 OS 21 qualification required to bid on Italian public works above €2.5 million. Sole administrator Tommaso Mascetti also sits on the Geothermal Commission of the National Council of Geologists (2021-2025 term), lending regulatory and technical standing. Headcount at the project entity is approximately 20, while the broader Mascetti Group reaches 100+, reflecting a small but specialized operating footprint.

Name

Geoenergy

Legal name

Geoenergia Project Srls

Website

https://geoenergia.net

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

51–100 employees

Short description

Geoenergia Project Srls, founded 1994 in Alatri, Italy, designs and builds low-enthalpy geothermal heating and cooling plants using proprietary dual-head drilling rigs and the GEO-DX horizontal system, serving residential, commercial, and public-sector clients across Italy and Romania.

Ownership category

akta.pro rank

Product category

Geothermal Energy Installation Services

NAICS

Geophysical Surveying and Mapping Services (541360), Geophysical Surveying and Mapping Services (54136), Heating Equipment (except Warm Air Furnaces) Manufacturing (333414)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Pumps & Pumping Equipment (3561), Heating Equip, Except Elec & Warm Air; & Plumbing Fixtures (3430)

akta.pro primary industry

Geothermal Heat Pumps & Ground-Source Systems (Residential/Commercial, Drilling/Loop Installation) (EUAMAEAH)

akta.pro secondary industries

Geothermal HVAC Installation (HSAOAGAE), Geothermal Reservoir Engineering & Wellfield Management (Modeling, Stimulation, Reinjection Strategy) (EUAMAEAC), Heat Pumps (Air/Water/Ground Source) (IMAHAKAF)

Keywords

• Low-enthalpy geothermal systems
• Geothermal heat pump installation
• Ground-source heating cooling
• Geothermal drilling services
• Renewable HVAC systems

Headquarters

HQ city

Alatri

HQ country

Italy

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Geothermal System Installation: Design, drilling, and installation of complete turnkey geothermal systems including geo-exchange field, heat pump, and accessory technology (circulation pumps, inertial tanks, etc.). Revenue is generated from equipment supply and installation services. Pricing ranges from €1,500 to €2,000 per kW.
2. Specialized Subsurface Drilling Services: Drilling services for geo-exchange field construction using proprietary equipment. Covers the entire applied geology spectrum including geognostic surveys, geotechnical surveys, geophysical surveys, and water well execution.
3. Consulting and Technical Services: Comprehensive consultancy covering initial feasibility assessments, technical-executive design, testing, monitoring for at least one year, and administrative consultancy including incentive application support.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Geoenergy designs, drills, and installs complete turnkey low-enthalpy geothermal heat pump plants that deliver heating, cooling, and domestic hot water for residential, commercial, industrial, and public buildings. The offering covers feasibility assessment, technical design, drilling of vertical/horizontal geo-exchange fields, supply of HDPE probes and reversible heat pumps, testing, and at least one year of monitoring. Pricing ranges from €1,500 to €2,000 per kW, with administrative support for the Italian 65% tax deduction incentive.

Product overview

Geoenergia offers a unified product/service portfolio centered on low-enthalpy geothermal plant design and construction. The core offering consists of Impianti Geotermici (Geothermal Plants) for heating, cooling, and sanitary water production in residential, commercial, and industrial buildings. Supporting this are the GEO-DX horizontal system (alternative to vertical drilling), Geothermal Probes (high-density polyethylene tubes at 80-200m depth), and Reversible Heat Pumps. The company also provides comprehensive consulting services including feasibility assessments, technical design, execution, testing, and monitoring.

Differentiator

Problem solved

Functional benefit

Products and services

• Low-Enthalpy Geothermal Plant Design and Construction (Impianti Geotermici) Turnkey low-enthalpy geothermal plant design and construction for heating, cooling, and domestic hot water production in residential, commercial, industrial, and public-sector buildings. Includes the geo-exchange field, reversible heat pump, and accessory technology (circulation pumps, inertial tanks), with a 100-year probe guarantee and zero maintenance.
• Specialized Subsurface Drilling Services for Geo-Exchange Fields Specialized drilling services for geo-exchange field construction, covering the full applied geology spectrum including geognostic, geotechnical, and geophysical surveys plus water well execution. Executed with Geoenergia's own Comacchio drilling machines equipped with dual counter-rotating heads.
• Geothermal Consulting and Technical Services Comprehensive consultancy for geothermal installations, including initial feasibility assessments, technical-executive design, testing, at least one year of monitoring, and full administrative consultancy including handling of the Italian 65% tax deduction via GSE.

Quantifiable outcome

• Energy savings up to 70% compared to traditional electric or diesel heating systems
• +8 more outcomes

Named customers14 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Groundheat SystemcoreTechnology or IntegrationCollaborated on construction of geometric fields with the GEO-DX SYSTEM. Groundheat System provides the horizontal geothermal technology that Geoenergia tests and implements in certain projects.
• GeoCampania SrlcoreStrategic or Co-development PartnerCommissioned Geoenergia for construction of geothermal exchange field at the Maristaeli Helicopter Station of the Marina Militare in Catania. 16 boreholes at average 100m depth. Ongoing collaboration on military and government projects.
• ANTONACCI S.r.l.coreStrategic or Co-development PartnerCommissioned geothermal installation for Ex Istituto Scolastico Manzoni in Foggia. Also completed similar project for elderly center on Via Giuseppe Mandara in 2018. Key client for public building geothermal projects in Foggia.
• ORIONE COSTRUZIONI (Ing. Corrado Nurzia)coreStrategic or Co-development PartnerCommissioned major residential geothermal project in L'Aquila Via Giovanni XXIII with 270 kW thermal requirement, over 80 geothermal probes. One of the largest residential geothermal plants in Abruzzo.
• Enea (BRICKS Project)minorStrategic or Co-development PartnerGeoenergia participates in the BRICKS project led by Enea for dissemination of training content aimed at updating professional figures in the construction and energy sectors. Continuous professional education partnership.
• Consiglio Nazionale dei GeologiminorOthersGeoenergia's Sole Administrator Tommaso Mascetti is a member of the National Council of Geologists (2015-2020 and 2021-2025) and past/current member of the Geothermal Commission. Provides industry influence and expertise.

Scale indicators10 records

Recent moves2 records

Expansion highlights5 records

Direct peers

• Viessmann: German family-owned heating, industrial and refrigeration systems company with a strong portfolio of geothermal heat pumps (Vitocal). Highly comparable to Geoenergia as a heat pump specialist with turnkey installation models, though operating at significantly greater scale and across broader European markets.
• Stiebel Eltron: German manufacturer and installer of heat pumps (including ground-source / geothermal) for residential and commercial buildings. Directly comparable to Geoenergia on the core ground-source heat pump business, with global scale and a Europe-wide installer network.
• NIBE: Swedish heat pump manufacturer with a strong European installer base for ground-source and air-source heat pumps. Comparable to Geoenergia as a specialist in geothermal / heat pump systems serving residential and commercial customers, with a more developed recurring service model.

Broad incumbents

• Carrier: Global HVAC and building solutions major with a heat pump portfolio that competes with geothermal systems in commercial applications. Comparable to Geoenergia on the commercial and institutional side of heat pump / HVAC, but with global reach and a full product portfolio.
• Bosch Thermotechnology: Subsidiary of Bosch offering heat pumps, boilers, and HVAC systems across Europe, including the Bosch Compress line of geothermal heat pumps. Comparable to Geoenergia in product scope but operating as part of a much broader portfolio with global scale and stronger brand recognition.
• Daikin: Global HVAC and heat pump major with a growing geothermal heat pump portfolio (Daikin Altherma). Overlaps with Geoenergia in residential and commercial heat pump installations, but at substantially larger scale and with broader geographic reach.
• Trane Technologies: Global HVAC and climate solutions company with commercial heat pump offerings. Overlaps with Geoenergia in commercial / industrial HVAC and electrification, but at multibillion-dollar scale and serving global institutional customers.
• Climaveneta (Mitsubishi Electric Hydronics & IT Cooling): Italian-headquartered HVAC and heat pump company (part of Mitsubishi Electric), serving commercial and industrial customers. Comparable to Geoenergia on the Italian commercial / industrial geothermal and HVAC market, but at materially larger scale and with broader product range.
• Mitsubishi Electric: Global HVAC manufacturer with Ecodan ground-source heat pump systems. Comparable to Geoenergia on the heat pump / geothermal value chain, but operates at multinational scale with much broader product and channel coverage.

Others

• Comacchio: Italian manufacturer of specialized drilling rigs, including the geothermal drilling machines that Geoenergia operates. An enabling supplier rather than a competitor, but tightly coupled to Geoenergia's drilling model and a potential strategic dependency / partnership asset.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCBpzOCl3Hx2UoxCKdJuHiuQ
• Xx.com/geoenergiaf
• Facebookfacebook.com/geoenergiaproject
• LinkedInlinkedin.com/company/geoenergia

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Geoenergy