Pelican Energy Partners Acquires Electrical Builders Industries
August 9, 2024
Pelican Energy Partners, a Houston-based private equity firm, has acquired Electrical Builders Industries (EBI), a St. Cloud, Minnesota-based industrial electrical and welding services provider that specializes in bus duct installation, replacement and repair for power generation facilities. The deal positions Pelican to expand its capabilities in the nuclear energy services supply chain and support increased baseload power needs for customers including datacenter facilities.
- Buyers
- Pelican Energy Partners
- Targets
- Electrical Builders Industries
- Sellers
- Jessica Netter
- Industry
- Industrial Services
- Location
- Minnesota, United States
- Transaction Type
- Buyout
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