Ian MacVicar, Task Contract Solutions and Chris Griffin, Hover Energy, after being presented the Sanctuary Award for Innovation at the U.S. Embassy in London. [Photo: Hover Energy]
The Sanctuary Award for Innovation was presented to Hover and the HMS Eaglet during a roundtable discussion on energy security and sustainable energy design at the U.S. Embassy in London. Hover CEO Chris Griffin, above right with Ian MacVicar of Task Energy Solutions, quoted King Charles during the event.
As the demand for renewable energy solutions continues to increase, Dallas-based Hover Energy is proactively positioning itself in the market. With its strategic acquisition of Shine Development Partners—a firm with decades of experience financing solar and battery storage projects—Hover plans to expand on its patented wind-powered microgrid technology ahead of scale production rollouts.
CEO Chris Griffin notes that this move enables them to manage growth effectively by providing "depth of value and expertise" around worldwide Microgrid development initiatives.
Hover designs, develops, and deploys wind-powered, "islanded" microgrids that combine both wind and solar energy generation—enabling companies to reduce their carbon footprint by generating green energy onsite.
"Solar, wind, and storage in a distributed microgrid installation is really the key structure for changing the way we think about power," says Hover's president and co-founder, Christopher Griffin.
Dallas-based Broadwing Capital Management LLC, a private equity firm targeting lower-middle-market manufacturers and service providers, closed its inaugural Broadwing Capital Fund I LP. The $440 million fundraise exceeded the initial $350 million goal....
At a new training center in Dallas, claims professionals from insurance giant Allstate Corp. can now immerse themselves in real-world scenarios policyholders face.
Two labs at the 33,000-square-foot Allstate Claims University campus enable claims professionals to learn from re-created situations that replicate damage to homes and cars....
Fort Worth-based agtech company Ranchbot, which provides remote satellite-anchored, water-monitoring technology for livestock producers, raised more than $15 million in a Series B funding round.
In conjunction with the fundraise, the company put itself under a new corporate umbrella, Ranchbot Technology Holdings Inc.,...
Dallas-based Broadwing Capital Management LLC, a private equity firm targeting lower-middle-market manufacturers and service providers, closed its inaugural Broadwing Capital Fund I LP. The $440 million fundraise exceeded the initial $350 million goal....
At a new training center in Dallas, claims professionals from insurance giant Allstate Corp. can now immerse themselves in real-world scenarios policyholders face.
Two labs at the 33,000-square-foot Allstate Claims University campus enable claims professionals to learn from re-created situations that replicate damage to homes and cars....
Fort Worth-based agtech company Ranchbot, which provides remote satellite-anchored, water-monitoring technology for livestock producers, raised more than $15 million in a Series B funding round.
In conjunction with the fundraise, the company put itself under a new corporate umbrella, Ranchbot Technology Holdings Inc.,...