Company Overview

J. David Reynolds founded Earthworm Tunneling, LLC in 1998, a successful company dedicated to exploring potential drilling methods for geothermal power production. In December of 2006, Reynolds and his associates changed the company name to Atlantic Geothermal, LLC, to reflect the company's increased focus on not just tunneling methods but on the larger-scale development of geothermal power plants in New England.

Mr. Reynolds has been improving his designs for a geothermal power plant, and the latest design is for a prototype 160 MW geothermal power plant that can be scaled up to 1.4 GW. This design uses a closed ground loop system instead of the industry standard open ground loop to extract heat from the ground.  The traditional design leverages "fracking" which has been found to negatively impact the environment in multiple ways.

Atlantic Geothermal is now engaging partners on three fronts -- scientific, industrial and political -- to build this power plant. While we recognize that this project is highly ambitious, we are dedicated to finding a clean, safe and sustainable alternative for power generation.

Management Team

J. David Reynolds - President

David Reynolds started running small businesses when he was in high school. He studied engineering at Northeastern University, and has been successful in a number of ventures, including hard rock mining. For Dave, the more difficult the challenge, the greater the satisfaction. This philosophy was the driving force that led him to create Earthworm Tunneling, and now Atlantic Geothermal.

David's vision for geothermal power, developed over the last ten years, has been motivated by a firm belief that large-scale geothermal power is the best solution to the planet's looming energy and environmental crises. This unwavering pursuit of a dream to build a better future has enabled him to overcome pressure to lower his standards in pursuit of short-term economic gain.

Richard W. Lowrance - Chief Strategy Officer

Richard Lowrance serves as a connector between the practice and business of science, maintaining New England and larger global ties to science, innovation and entrepreneurship. He has a passion for enabling the advancement of science and facilitating the translation of promising ideas into commercial reality.

Richard attended the London School of Economics and Political Science for a MSc program studying how emerging science and technology affect business, government and people, obtained a BA from Mars Hill College in political science and is a graduate of The McCallie School. His early career provided experience within public policy circles of Washington, DC, and spent time in China. He is someone who is drawn to the larger picture, being able to identify key stakeholders and other pertinent aspects to the benefit of companies and their strategic initiatives.

Richard volunteers his time with Shriners Hospitals for Children and Habitat for Humanity International, as well as being active with the Boston Entrepreneurs' Network. He enjoys traveling and has only three Continents left to visit.

William S. Horn, MBA - Chief Operating Officer

Bill Horn is responsible for the day-to-day management of Atlantic Geothermal. By blending business acumen with technical expertise, he also sets the strategic direction and cultivates investor, client and partner relationships to accelerate growth and ensure the longevity of the organization. He has a record of success with emerging companies in startup and growth environments as well as industry leaders.

In addition to his role as Chief Operating Officer at Atlantic Geothermal, Bill is an adjunct professor at Southern New Hampshire University where he teaches graduate level business courses.

Prior to joining Atlantic Geothermal, Mr. Horn successfully launched two eLearning start-ups, Trunity, Inc. and the Institute of Records and Information Management, Inc.(IRIM). For each company he managed product design, investor relations, intellectual property, partnership development, marketing and sales. IRIM was transitioned to an operational partnership with an IBM/CIO Magazine joint venture and Trunity is preparing to go public.

Earlier, Bill enjoyed a record replete with accomplishments as a Fidelity Investments executive. He played a key role in launching Fidelity's benefits outsourcing business which now boasts 13 million participants. He also educated the Board in response to Sarbanes-Oxley and designed and implemented Fidelity's records management and litigation support programs in response to unprecedented regulatory scrutiny.

Bill combines his professional skills with his philanthropic interests as a member of the RIMA Foundation Advisory Board, a non-profit organization, which seeks to promote access, security and management of information across Africa.  As a sub-group leader for the Electronic Discovery Reference Model (EDRM) non-profit think-tank, Mr. Horn led a team to develop an Information Management Reference Model for healthcare.  He also supports the Chernobyl Children Project (a program to bring children from the Chernobyl region to the US for medical care and respite) and Marguerite's Place (a home for battered women and children).

Bill holds a BS in Mathematics from the University of Vermont and an MBA from Rensselaer Polytechnic Institute.

Melissa Loiodice, Esq.

Melissa Loiodice is an expert in contracts and negotiation, has served as counsel to Atlantic Geothermal, and will continue to play a major role in overseeing the legal aspects of licensing, patenting, and business agreements.

Kevin Downey

Kevin Downey is an experienced senior project construction manager and foreman. He worked for the Laborers' International Union of North America (1968-1976), United Brotherhood of Carpenters (1978-1984) and Northeast Regional Council of Millwrights - Local 1121 (1984-2004).

During Kevin's years in the Millwrights Union - Local 1121, he supervised the construction and operation of scores of power plants, including oil, gas and coal-fired, as well as hydro, trash burners and nuclear. He spent a decade directing and supervising the general operations, including overhead crane operation, turbine disassembly and reassembly, pump and valve repair, as a contractor at the Vermont Yankee Nuclear Power Plant in Vernon, Vermont.