Subterra to augment StoneTurn’s professional services with geothermal options
Subterra Renewables and StoneTurn announce collaboration (source: StoneTurn)
Carlo Cariaga
15 May 2024
StoneTurn will be augmenting its renewable technology offerings to large buildings with the geothermal heating and cooling capabilities of Subterra Renewables.
Global professional services firm StoneTurn has augmented its Energy Transition and Net Zero offerings through a new collaboration with Subterra Renewables (Subterra), a North America-based geothermal energy provider that offers clean energy solutions to large-scale developers.
As the world transitions to a net zero emissions economy, businesses and financial institutions are working to reduce their emissions in line with climate science. StoneTurn serves as a trusted adviser for organizations looking to reach their environmental goals, exploring the feasibility and cost/benefits of pursuing them.
With this collaboration, StoneTurn’s multidisciplinary team of experts has augmented its direct relationships with renewable technology providers to offer informed recommendations to clients wishing to decarbonize operations, providing seamless, end-to-end, independent guidance.
Subterra aims to help in decarbonizing large building’s energy usage with electrification by combining established geothermal energy technology via its energy-as-a-service model for heating and cooling buildings on large campuses managed by industrial, academic, and government customers. The company had recently announced a partnership with commercial service company Enercare to launch a fully integrated solution that will provide geothermal heating and cooling to Canadian homes.
Subterra will be able to tap StoneTurn’s extensive network of expertise and connections to lever a full suite of business advisory and analytical skills to aid the energy transition for customers.
“Helping clients transition toward a clean energy economy requires collaboration across a multidisciplined set of skills and services. Organizations focused on energy transition require connected experts with full-scale capabilities and detailed knowledge of available technologies, which are constantly evolving. Our relationship with Subterra is an exciting addition to the deep industry relationships we already have and apply to meet our client needs,” said Tanya Bodell, Partner, StoneTurn.
“Large buildings continue to be the biggest contributors to greenhouse gas emissions in North America and its therefore imperative that renewable clean energy solutions like Subterra’s geothermal offerings provide a viable system for managing heating and cooling energy needs,” said Jessica Rowe Bald, SVP and Partner, Subterra Renewables. “Additionally, ensuring alignment with resourceful advisors like StoneTurn will help our respective clients understand the economic and financially viable alternatives for achieving their decarbonization goals.”
Source: StoneTurn via Business Wire
