WaterFurnace International Inc. announced the acquisition of a 5 percent ownership position in GI Endurant, LLC. As per the agreement, WaterFurnace will also supply equipment to GI Endurant. Terms of the deal were not disclosed.
GI Endurant was born from the acquisition of Chicago-based Endurant Energy, LLC by UK-based Geothermal International Ltd. GI Endurant's core business was built around sustainable distributed energy and power generation assets. It focuses on Combined Heat and Power projects that provide clean and reliable electricity, thermal energy and back-up power, as well as ground source heat pump projects.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.