HBH Gas Systems Raises $3.2 Million to Develop Centralized Propane Systems
Aimed at developers, land planners, utility consultants, and engineers, centralized propane gas systems can provide developments located off natural gas grids with clean-burning, economical underground metered propane from a single, centralized tank.
Austin, TX (PRWEB) September 5, 2007 -- HBH Gas Systems (www.hbhsystems.com) is proud to announce a successful capital campaign toward the expansion and development of centralized propane systems, raising $3.2 million from a group of central Texas investors. The well-established company is currently expanding a nationwide sales team, broadening marketing efforts and an awareness campaign aimed at developers, land planners, utility consultants, and engineers.
HBH Gas Systems has formed a strategic partnership with Ferrellgas, the nations 2nd largest propane retailer and 17th largest energy company. Together, they provide developers which have projects located off the natural gas grid with clean burning, economical metered propane gas from a single, centralized tank that is delivered through conventional underground mains. Tony Dale, Vice President of Business Development for Ferrellgas, stated, "The partnership between HBH Gas System and Ferrellgas is one which plays well to the strength of each organization. HBHs strong experience with developers and the construction industry fills a gap for Ferrellgas, and the decades-long propane retailing and safety experience of Ferrellgas completes the package. We look forward to many more years of continued success working together."
Harris Baker, the President of HBH Gas Systems, said, I really couldn't be happier with the way we have been able to develop our relationship with Ferrellgas. Our central gas systems support sustainable development by providing countless social, economic, and environmental benefits to homeowners and communities nationwide." Together, HBH Gas Systems and Ferrellgas have become the nations leading provider of Central Gas Distribution Systems. One week ago, HBH Gas Systems announced their most recent system at Montesoro, a large, private residential development located northeast of San Diego outside of Borrego Springs, California.
Mr. Baker said, The success of this campaign speaks clearly of HBH Gas Systems continued growth in both the near and long term. We are confident that our increased marketing efforts and our awareness campaign will bring even more new central gas systems to customers across the nation." The group of investors includes established real estate industry veterans and others with years of marketing experience. Our investors will add to our focus and core of knowledge while providing insight and valued guidance. The enthusiasm of our investors motivates our efforts and lends credibility to our concept."
An HBH Gas System allows developers working off of the natural gas grid to offer the benefits of underground metered gas to homeowners. These systems are economical and efficient, saving homeowners about 50% on their heating bills when compared to electric heating. Moreover, a recent AGA study showed that most homeowners demand the luxury of dual fuels for their cooking and heating requirements. Propane can power everything from environmentally friendly lawn equipment to space and water heaters. Homeowners in a community served by an HBH Gas System have the peace-of-mind associated with using an alternative green fuel as classified by the Clean Air Act and the Energy Policy Act. In fact, one home fueled by an HBH Gas System instead of coal-based electricity effectively offsets the annual carbon emissions from one average vehicle.
HBH Gas Systems specializes in the marketing, design, and implementation of fully-engineered Central Gas Distribution Systems. Each system allows all the homes in the community to be supplied with propane from a single facility, eliminating the need for individual tanks. The gas is distributed, metered, serviced and billed just like natural gas. Central Gas Distribution Systems provide developments with the economic convenience and efficiency of an environmentally responsible gas product endorsed by the EPA as an alternative fuel. HBH Gas Systems has formed a strategic alliance with Ferrellgas, the 2nd largest propane retailer and 17th largest energy company in the United States, facilitating the centralized delivery of gas to new home customers and provides central gas system consulting and construction services to select US and international companies.
To obtain more information, visit www.hbhsystems.com or contact Harris Baker at 512-306-0073.
Media Contact:
Shelby Stephens
(512) 916-9200
shelby @ wildfireaustin.com
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