Now It’s TruStar, with Fuel As Well as CNG Infrastructure
White Plains, N.Y.-based Fortistar reports the acquisition of Vocational Energy and says it’s set up a new affiliate, TruStar Energy, for compressed natural gas infrastructure and long-term fuel supply agreements.
“TruStar Energy,” states a release, “will provide ‘one-stop-shopping’ for companies wanting to convert their transportation fleet to CNG by offering long-term fuel supply agreements to customers from TruStar-owned facilities as well as constructing customer-owned fueling stations.”
Fuel supply is a new endeavor as TruStar pledges to continue Vocational’s existing CNG station work. Vocational has designed and built approximately 40 CNG stations.
Biomethane Too, Maintenance to Come
TruStar “will also be able to take advantage of Fortistar’s supply of landfill gas offering a renewable component to the fuel supply,” the announcement says. (Fortistar, Republic Services and Duke Energy dedicated a landfill gas facility for power generation in North Caroline this past June.)
And, Fortistar said today, “a future division is expected to provide operations and maintenance services to owners.”
“We are very excited about joining with Vocational Energy, the best construction and technical team in the industry,” Fortistar president Mark Comora says in the Monday announcement.
“We are now able to significantly expand our market reach and better serve our customers,” said Scott Edelbach. He was Vocational Energy GM and is now marketing VP at TruStar.
Adam Comora is TruStar Energy president and CEO. “We look forward to deploying the necessary capital to address this growing industry’s infrastructure needs,” he said.
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Source: Fortistar release with Fleets & Fuels follow-up