Borealis is focused on the development of geothermal and brine mining projects throughout Western and Northern Canada.

Founded in 2007

Incorporated in 2008

Based in Calgary

 Employees: 8


Borealis is using its proprietary Optimized Geothermal and Element (OGE) exploration technology to develop geothermal energy and brine mining projects in Western and Northern Canada, as well as provide a full suite of geothermal energy consulting services to a diverse set of clients. The technology comprises an interactive suite of programs, algorithms and workflows designed to optimize exploration funds throughout all stages of a geothermal reservoir characterization project. With project-specific input parameters and a growing geodatabase, OGE provides the most cost-effective pathways for development and permitting during all exploratory stages with the purpose of minimizing the risks commonly associated with geothermal exploration.

Borealis is a Certified B Corp and uses business as a force for good. Borealis works closely with host communities and First Nations partners to build geothermal energy projects and business cases that support local jobs, a diversified economy, zero-emission power and heat production, and participation in the international mineral sector. Geothermal energy development requires a similar skillset to oil and gas, and as such has the potential to provide jobs for out-of-work oil and gas workers.

Borealis owns/co-owns mineral and geothermal resource permits in British Columbia, and Borealis’s Kitselas Geothermal Inc. project has been named a Clean50 2020 Top Project.


Alison is accustomed to working in challenging management and board environments to achieve organizational visions and strategic planning objectives. Alison has both Bachelor and Master of Engineering degrees from McGill University and has a Master of Business Administration degree in Finance from Queens University. Alison has held numerous roles in the energy and utilities sectors. Ms. Thompson has held operational and management positions at Utilicorp, Suncor, Nexen and Magma Energy.

Awards and Accolades

APEGA Centennial Leadership Award, CEO Alison Thompson

2020 BC Cleantech Transformation Advocate Award

2020 Clean50 Top Project Award

CEO Alison Thompson is an EFL Fellow

Foresight Cleantech Accelerator Center Program

ACTia Engagement

Learn More

Check out some news articles here:
Borealis Geopower Projects