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EarthGrid PBC

Richmondutilities

About

EarthGrid PBC is a Delaware-based public benefit corporation founded in 2016, originally as Red Gopher Cooperative. The company focuses on developing plasma-powered tunnel-boring technology aimed at modernizing infrastructure. EarthGrid's goal is to create a resilient underground network that supports renewable energy, telecommunications, and sustainable resource distribution. The company utilizes patented plasma tunnel-boring robots that employ thermal shock to fracture hard materials like granite without the use of drilling chemicals or water. This technology allows for tunneling that is 100 times faster than traditional methods, operates with zero emissions, and significantly reduces costs. EarthGrid operates under a Build, Own, Operate, Manage (BOOM) framework, leasing tunnel space to utilities and other entities for energy, water, and telecom projects. EarthGrid is committed to eliminating fossil fuel dependency and promoting climate resilience through its innovative infrastructure solutions. The company prioritizes sustainable practices over shareholder profits, targeting investment-grade utilities and infrastructure partners for its services.