- CEO
- Darrell L. Peterson
- Sector
- Energy
- Industry
- Oil & Gas Equipment & Services
- Address
- 420 Throckmorton Street Fort Worth TX United States of America 76102
- IPO Date
- Sep 26, 2014
- Business
- Galenfeha, Inc. operates as an engineering services and product development company primarily serving the oil, gas, and energy industries. The company offers a broad range of core products and services including engineering consulting; product development and manufacturing with a focus on stored energy systems; and construction activities related to water, utility, and sewage infrastructure. Founded in 2013, Galenfeha is headquartered in Fort Worth, Texas, and extends its operations across the United States.
The company has recently undergone significant strategic expansions, including the acquisition of a 10% stake in New Green Holdings Inc., a hemp cultivation and product sales business, marking Galenfeha's diversification into agricultural and hemp-based product markets. Additionally, Galenfeha has signed a letter of intent to acquire Fleaux Services of Louisiana, LLC for $18 million, advancing its footprint in service and operational capabilities within energy sectors. Galenfeha's subsidiary Fleaux Solutions secured $1.15 million in lines of credit, supporting its operational growth and project financing. The company has also organized a new corporate group focusing on environmental solutions across all energy opportunities, reflecting a strategic shift towards sustainability and clean energy projects.
Galenfeha serves various segments within the energy sector, including oil and gas, renewable energy, and automotive industries through its engineering consulting and product development expertise. The company targets infrastructure, energy production, and environmental management markets with its technical solutions and manufacturing capabilities. This comprehensive product and service portfolio, combined with recent acquisitions and capital raises, positions Galenfeha as a growing player in diversified energy and environmental solutions markets in North America.