XGS Energy Acquires Capuano Engineering Company
July 9, 2024
XGS Energy has acquired Capuano Engineering Company to integrate world-class geothermal drilling and completion expertise into its development and deployment of closed-loop geothermal technology. Capuano Engineering will operate as a subsidiary and continue servicing traditional geothermal projects while supporting XGS’s proprietary Thermal Reach Enhancement (TRE) systems and global project build-out.
- Buyers
- XGS Energy
- Targets
- Capuano Engineering Company
- Industry
- Energy
- Location
- California, United States
- Transaction Type
- Buyout
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