HII Technologies, Inc. (HIIT) Launches Onsite Power Division for E&P Space with Heavy Capital Backup
HII Technologies, the power and water management innovation-focused, Houston-based oilfield services firm with a solid operational footprint in both Texas and Oklahoma, reported launching their new E&P operator-aligned, onsite portable power division today, South Texas Power (STP), in conjunction with issuance of a non-binding letter of intent that will bolster the launch via capital obtained through a strategic alliance with Power Reserve Corp. This is a natural symbiosis of parallel architectures, with Power Reserve heavily deployed in the oilfield equipment space and STP geared towards hooking customers up with the latest and best in mission critical power hardware. STP is…
