Subterra Renewables, the Toronto-based geothermal energy utility provider, announced its expansion into Western Canada on Oct. 27. The company has acquired Earth Drilling Co. Ltd., a Calgary-based firm with offices in Langley, B.C., Fort McKay, Alta. and Regina, Sask. The transaction also included the acquisition of Harris Exploration, a drilling and installation firm based in Nevada that provides services in Nevada, California and Arizona.
The two acquired companies are now part of the Subterra group of companies, providing geothermal drilling for geo-exchange system installations.
The acquisition also launches Subterra’s Calgary office, headed by Matthew Tokarik, president of Subterra Renewables.
“We are thrilled to officially welcome our valued colleagues from Earth Drilling and Harris Explorations to our growing network of experienced talent as we scale up our operations and ramp-up assets to meet the rapidly growing demand for community developments powered by renewable energy,” said Tokarik with the announcement. “Aligning ourselves with seasoned leaders that bring a combined 115 years of geo-drilling and exploration experience across North America provides us with immediate access to best-in-class services as we build out our coast-to-coast business. An opportune time as electrification and renewables take their place in a Net-Zero world.”
Earth Drilling was founded in Regina in 1976, and was purchased by the Wegleitner Family in 2012. The company has North America’s largest geothermal drilling fleet with 68 rigs and plans to reach 100 over the next year.
