Blog Post

Saterra acquires Earthtech

  • By Saterra
  • 19 Nov, 2018

Economic fluctuations, severe weather driving resiliency in public buildings, commercial developments

November 19, 2018 - As the economy and severe weather conditions fluctuate more than ever, public schools, cities and commercial developers are constructing buildings with systems like geothermal solutions that can sustain these forces.

Geothermal heating, ventilating and cooling (HVAC) systems, which harness the earth’s natural underground temperatures, are highly efficient, and they are reducing reliance on the traditional air conditioning units responsible for the majority of a building’s high electric bills and costly maintenance and down time, especially after extreme weather strikes.

Government officials and commercial developers are moving away from high-maintenance, inefficient conventional A/C systems to more eco-friendly geothermal HVAC technology and seeing energy consumption rates drop by more than 60 percent and monthly electric bills slashed in half. City planners and developers are especially attracted to the durability of geothermal systems. Unlike old-fashioned HVAC systems, they do not rely on cooling  towers or the noisy condenser boxes commonly seen on rooftops and around buildings where they are exposed to environmental hazards. When disaster strikes, that means less downtime, fewer parts to replace, and far less need for extra generators during recovery.

To help keep up with record demand, Saterra acquired Earthtech, one of the largest providers of geothermal drilling and installations to office and government buildings, schools, residential projects and more. “Our clients are entrusted with the construction of buildings that will impact entire communities, and they take that responsibility seriously,” said Justin Gaffney, managing partner over geothermal operations at Saterra, who has worked at Earthtech since its inception in 2004. “Our clients want buildings that are resilient to external forces—from spikes in energy costs to extreme weather events.”

As hurricanes strike the U.S. at record intensity, tens of thousands of air conditioning units have been damaged or flooded completely. Public officials and corporate executives are taking no chances and incorporating Saterra’s geothermal technology into the construction and reconstruction of their facilities—from schools and fire stations to commercial developments.

“With facility designs moving to sustainable energy and water solutions, acquiring Earthtech is a critical investment as we build a comprehensive portfolio—never before available in the industry—of turnkey services that support those dedicated to creating better places to live, learn and work,” Saterra Chief Financial Officer and Managing Partner David Bain said.

About Saterra
Saterra’s geothermal and water technologies provide energy-efficient, sustainable, cost-saving solutions for clients building better communities. More at www.saterrasolutions.com.

About Earthtech
Earthtech, a Saterra company, has for more than 14 years been the partner of choice in public and private development and the national leader in the installation of geothermal heating and cooling systems from coast to coast. More at www.earthtechusa.com.

Media Contact: Kristy Gillentine, Drive West Communications /  kgillentine@drivewest.com  / 281.220.6861 ext 704
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