Albireo Energy Acquires Quantum Building Solutions, Establishing Presence in Dallas-Fort Worth Market

EDISON, N.J.–(BUSINESS WIRE)–Oct 28, 2026–

Albireo Energy, a leading independent building controls and energy services provider and a Huron Capital portfolio company, announced today that it has completed its acquisition of Quantum Building Solutions (QBS), a Dallas-Fort Worth-based provider of building automation and systems. Founded in 2019, QBS serves commercial, industrial and institutional customers throughout Texas.

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“Quantum Building Solutions represents a strong strategic fit for Albireo Energy,” said Kevin Baxter, CEO of Albireo Energy. “Shane Ray and his team have built an exceptional business with talented people, established customer relationships and a reputation for outstanding service. Dallas-Fort Worth is a strategic growth market for us, and QBS provides a strong foundation to substantially expand our presence and capabilities across Texas.”

The acquisition establishes Albireo Energy’s operating footprint in Texas. The Dallas-Fort Worth market has significant commercial and industrial activity, including investment in data centers, advanced manufacturing, healthcare, and commercial infrastructure. These sectors require building automation systems, systems integration, and ongoing building services, aligning with the capabilities of QBS and Albireo Energy.

Shane Ray, who founded QBS in 2019, will continue to lead the business as vice president and general manager. The QBS team will remain in place, maintaining continuity of customer relationships, service and existing commitments.

“We’ve built QBS around exceptional people, trusted relationships and a commitment to delivering for our customers,” said Shane Ray, founder of QBS. “Joining Albireo Energy gives us the scale, resources and capabilities to take the next step. We’re excited to build on what we’ve accomplished, create new opportunities for our employees and bring even greater value to customers throughout the Dallas-Fort Worth market.”

By combining QBS’s local expertise and customer relationships with Albireo Energy’s national scale, building owners and teams will benefit from expanded technical capabilities, including access to Albireo Energy’s Managed Services Center and portfolio of Intelligent Services, such as alarm management, private cloud hosting, and fault detection and diagnostics. The combined organization will also be better positioned to pursue larger, more complex projects and support customers with operations across multiple markets.

About Albireo Energy
Albireo Energy is a leading independent building controls and energy services provider recognized by customers for creating intelligent, high-performance buildings. We help building owners and their teams make decisions about building automation that achieve operating performance, decarbonization, and sustainability goals. Our building performance experts design and deliver technology and service solutions that give building owners and operators maximum control of data centers, offices, hospitals, universities, manufacturing plants, and multi-use sites. Our work begins with engineering, project planning, and exceptional execution and extends through maintenance, monitoring, analytics, and energy procurement services. At Albireo Energy, our promise is to stay connected. For more information, visit https://albireoenergy.com.

About Quantum Building Solutions
Founded in 2019, Quantum Building Solutions (QBS) is a Dallas-Fort Worth-based provider of building automation, systems integration and mechanical services. The company serves commercial, industrial and institutional customers, helping building owners and operators improve building performance through advanced controls technology, integrated solutions and responsive service. For more information, please visit: https://qbscontrols.com/

BARCELONA, Spain (AP) — A high-speed train slammed into the rear of another train that had stopped, derailing two cars and killing at least 30 people on Wednesday in central Spain, according to local media.

Spanish authorities initially reported 10 deaths, but Esther Padilla, spokeswoman for the Castilla La Mancha region, added “that number will surely rise.”

Spanish state-owned news agency EFE and other media reported later that the death toll had risen to at least 30.

It was the second major train accident in Spain this year.

Spain’s rail system operator ADIF said the crash occurred Wednesday morning in the province of Toledo. Rail service was suspended between Madrid, Ciudad Real and Andalusia.

Padilla told state broadcaster TVE that the accident was between two high-speed trains carrying hundreds of passengers and heading in the same direction from the capital Madrid to Seville in southwestern Spain. One ran into the tail of the other that had stopped, knocking two of its cars off the track. She said the cause of the crash was not known.

The crash, which occurred in a flat stretch surrounded by fields in between the towns of Urda and Los Yébenes, left one car shredded into bits of metal and other material, scattering debris down a gravel slope.

Spanish Health Minister Mónica García told TVE that emergency workers were focusing on rescuing survivors and bodies from the two most damaged train cars. She said that the injured are being sent to different hospitals in the area.

“It was a high-speed impact, so we are expecting this to be a tragedy,” García said.

The accident involved a train from Spain’s state-owned RENFE company and the private rail company IRYO. It appeared the RENFE train rammed the IRYO train, Spanish media reported. Trains from those two companies were also involved in a deadly crash in January.

Padilla said that 397 passengers were in the RENFE train and 147 passengers in the IRYO train.

IRYO, an Italian-owned company, said in a statement that it has “activated its security protocols and is closely working with authorities.”

The mayor of the nearby town of Urda, Manuel Galán, told Spanish state broadcaster TVE that civil protection authorities had asked his town hall to prepare a sports pavilion to attend to injured passengers.

A military emergency brigade was deployed to help emergency services, firefighters and police to the crash site.

Spanish Prime Minister Pedro Sánchez cancelled his agenda to focus on the crash. He wrote on X that he was “dismayed by the serious train accident in Toledo.”

“Emergency services are working on site to attend to the affected passengers,” wrote Sánchez, who faces a national election next month. “All my thoughts are with the victims and their families.”

The regional president of Castilla La Mancha, Emiliano García-Page, wrote on X that he was on his way to the crash site.

In January, 45 people died in southern Spain when a train jumped the track and hit an oncoming train. The crash was the deadliest in Spain since a 2013 crash that killed 80 people. The January incident shook the confidence the European country has in its extensive high-speed rail network.