GTI International Acquires Projeo Corporation
January 27, 2022
GTI International, a holding company and subsidiary of GTI, has acquired Projeo Corporation, a Champaign, Illinois–based professional energy services firm specializing in CO2 and gas storage, groundwater resources, and geothermal projects. The acquisition expands GTI International’s sub-surface capabilities and adds project management, seismic, drilling, monitoring, and regulatory expertise to support carbon storage and other low‑carbon subsurface initiatives.
- Buyers
- GTI International
- Targets
- Projeo Corporation
- Industry
- Energy
- Location
- Illinois, United States
- Transaction Type
- Buyout
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