TORONTO--(BUSINESS WIRE)--Subterra Renewables (Subterra) and Turnkey Site Solutions (Turnkey) announced the formation of a strategic collaboration today. Creating Canada’s first full-service geothermal drilling and shoring service, STS Geothermal, the alliance combines Turnkey’s extensive drilling and site execution capabilities with Subterra’s geothermal energy platform, delivering a seamless experience for builders and developers.
This alliance offers the potential to drive explosive growth in the sector. Joining forces to bring experts from all angles in-house, STS Geothermal’s new end-to-end product manages and executes every stage of the underground process for clients – from design through first excavation, installation through project completion and site cleanup. This holistic strategy creates an opportunity for developers to embrace geothermal field development, implementation, and operation with less capital expense and time commitment. The geothermal system is provided without cost, and financing for the field is available from STS Geothermal.
As the first geothermal company in Canada to offer comprehensive in-house drilling and shoring capabilities, STS Geothermal will lead the industry in delivering scalable, innovative solutions that geothermal clients can count on.
“We believe in delivering a complete building solution,” said Lucie Andlauer, CEO/Partner at Subterra. “This partnership will greatly contribute toward expanding our product offerings to our clients while creating efficiencies in pricing and resources.”
“This is a tremendous opportunity to expand our reach, addressing a serious industry bottleneck by filling the current void of reliable, quality and safety focused contractors,” said Matthew Over, President & Founder at Turnkey Site Solutions.
Developers, builders, homeowners, and the environment all stand to benefit from the new partnership and improvements in on-time, on-schedule project completion, cost-efficiencies, quality, and access to clean energy solutions. The collaboration will further enhance the quality of service experience for clients, partners, residents, and society at large as the partners continue to contribute to building a better future, one clean energy project at a time.
About Subterra Renewables (Subterra Capital Partners) (subterrarenewables.com)
Subterra Renewables develops and operates thermal district energy systems using the latest geothermal and heat recovery technology. The company helps building developers across North America reduce costs while meeting the unique energy needs and carbon reduction targets of their buildings. Over the last three years, the company has reduced approximately 1,320 tonnes of greenhouse gas.
About Turnkey Site Solutions (turnkeyss.ca)
A leader in Shoring and Renewable Energy solutions, Toronto-based Turnkey Site Solutions was founded eight years ago to deliver full-service specialty shoring solutions. Dedicated to delivering a quality and safety focused product – from engineering design to permitting, project & site management through execution – Turnkey quickly established a track record for reliability, safety, and quality. With the largest fleet of state-of-the-art drill rigs in Ontario and rights to patented new technology from Soilmec Europe, Turnkey completed 150 jobs in 2018, 185 jobs in 2019, on-time and on-budget.