Shaw Acquires Watershed Geosynthetics
Dalton, GA, October 4, 2021-Shaw has purchased a significant controlling interest in Watershed Geosynthetics (Watershed Geo) and has entered into a letter of intent to acquire controlling interest in Watershed Solar (Watershed Solar). These moves build on the existing long-standing partnership between Shaw and Watershed Geo.
Watershed Geo and Watershed Solar sell innovative and patented environmental solutions for utility, waste management, erosion control, and mining industries. Both companies’ leadership teams will remain in place and continue to lead the business forward.
Watershed Geo develops solutions for the protection and resiliency of civil, environmental and energy infrastructures. These widely-recognized innovations challenge traditional solutions with systems that are sustainable, low-cost and engineered for extreme performance. Watershed Geo services the environmental and civil sectors, with customers such as TVA, Environmental Protection Agency, Southern Company, Dow, Rio Tinto, ExxonMobil, Chevron, U.S. Department of Energy, Georgia Pacific, U.S. Department of Defense, public and private waste management facilities and many others.
Watershed Solar is an early-stage company that provides patented renewable energy solutions. The technology, branded PowerCap, supplies low profile, high output solar arrays on top of landfills, coal ash closures, and rooftops that utilize Watershed Geo’s cover technologies. The combination of these innovative solutions turn liabilities into renewable energy assets.
Related Topics:Shaw Industries Group, Inc.