Expansion of Capabilities Underscores Commitment to Renewables Market
TransTech Energy is pleased to announce it has acquired a majority ownership of Energyneering Solutions, Inc., a prominent technical services provider in the biogas industry.
TransTech Energy, ("TransTech" - a Bridge Industries, LLC ("Bridge") portfolio company), today announced a strategic partnership with 323 Construction, Inc. (“323”), a 16-year-old company that specializes in the design and construction of LPG and NGL bulk storage plants and terminals.
TransTech Energy, a Bridge Industries, LLC portfolio company, through it’s newly formed subsidiary, Bendel Tank and Heat Exchanger, announced today the acquisition of Bendel Tank and Heat Exchanger, Corp., a 60 year old designer and fabricator of pressure vessels, reactors, heat exchangers and storage vessels for a variety of end markets.
Propane has continued to gain popularity as a fuel source due to abundant supplies, low-cost and an environmentally friendly profile compared to other fuels. These benefits in addition to its ease of use have made propane a desirable fuel for home heating, agricultural applications and baseload & backup fuel for industrial thermal processes and electrical power generation, particularly in remote locations lacking access to natural gas pipelines.