Subterra Renewables, North America’s leading geothermal energy utility provider, is pleased to announce its expansion into Western Canada and the United States following its affiliated companies’ recent acquisition of privately held, Alberta-based Earth Drilling Co. Ltd. As one of the west coast’s leading drilling suppliers, the transaction includes the acquisition of Nevada-based Harris Exploration (“Harris”) – a trusted source for drilling and installation services in Nevada, California, and Arizona.
Earth Drilling and Harris are now part of Subterra’s group of companies that provides coast-to-coast access to geothermal drilling for geo-exchange system installations.
Subterra also confirmed the launch of its Calgary, Alberta office headed up by Matthew Tokarik, President of Subterra Renewables: “We are thrilled to officially welcome our valued colleagues from Earth Drilling and Harris Explorations to our growing network of experienced talent as we scale up our operations and ramp-up assets to meet the rapidly growing demand for community developments powered by renewable energy. Aligning ourselves with seasoned leaders that bring a combined 115 years of geo-drilling and exploration experience across North America provides us with immediate access to best-in-class services as we build out our coast-to-coast business. An opportune time as electrification and renewables take their place in a Net-Zero world.”
Also Read : Lummus Acquires Acrylic Acid and Acrylates Technology
“We are excited and proud to be combining our visionary teams and resources as we diversify our geo-drilling operational opportunities to support a rapidly growing renewables industry under the Subterra group of companies,” said John Paul Wegleitner, CEO of Earth Drilling. “Alongside our colleagues at Harris, we are embarking on a pivotal cultural transformation rooted in sound experience, innovative leadership and the shared ethos of a skilled and agile talent pool.”
“This is a strategic move to ensure our renewable energy sector’s supply chain is adequately equipped with nation-wide access to expeditious and precision-tested talent and services,” said Kareem Mirza, Chief Revenue Officer, Subterra Renewables. “We are establishing ourselves as a vertically integrated geothermal utility provider whose reach spans across North America – best suited to meet the fast-growing renewable energy movement as district communities transition to electrification, powered by geothermal exchange systems.”
SOURCE : PRNewswire