Fall River, MA, November 28, 2017 — Loci Controls (“Loci” or the “Company”), the leader in automated landfill gas collection, announced today that Turnbridge Capital (“Turnbridge”), a Texas-based private equity firm focused on investments in energy service and equipment providers, has led, alongside the Company’s existing shareholders and management team, an equity financing and additional equity commitment to support Loci’s growth and expansion.
“Loci is very excited to partner with Turnbridge, whose investment and capital commitment will provide the financial foundation and support to allow for the rapid introduction of Loci’s proprietary automated landfill gas collection products and services to the North American landfill gas-to-energy industry,” said Peter Quigley, Chairman & CEO of Loci Controls.
“We welcome the opportunity to partner with Loci Controls and their accomplished management team,” said Rob Horton, Partner of Turnbridge. “We look for opportunities in energy service markets where proprietary technology can lead to a step change improvement in operations, while at the same time lowering costs. We believe Loci’s solutions offerings will have a very positive impact on the landfill gas-to-energy industry, and we are excited to support Loci’s aggressive growth plans.”
About Loci Controls
Loci Controls is the leader in automated landfill gas collection. Utilizing a combination of patent-pending wellhead-mounted products, cloud-based analytics, and 24/7/365 monitoring, along with on the ground field services, Loci Controls optimizes gas collection, increases profitability, reduces costs, and lowers risks for landfill and landfill gas-to-energy operators. For more information, please visit www.locicontrols.com.
About Turnbridge Capital
Turnbridge Capital is an energy-focused private equity firm with offices in Dallas and Houston, Texas. The firm typically invests alongside experienced management teams in companies that provide products and services to upstream, midstream, downstream, and other energy-related infrastructure segments. For more information, please visit the firm’s website at www.turnbridgecapital.com.
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Chairman & CEO