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GE Capital Teams with VNG on CNG

August 25, 2014 in CNG, Companies, Infrastructure, NGVs by Rich Piellisch  |  No Comments

Pact Could Hasten Placement of More VNG Outlets,
VNG.co Uses GE’s CNG In A Box Compressor Packages

GE Capital Fleet Services has disclosed an agreement with Pennsylvania’s VNG.co to help spread the use of compressed natural gas among operators of light duty fleet vehicles. Their mutual goal is an enhanced and economical CNG fueling infrastructure.

VNG's BP-hosted CNG fueling outlet in Philadelphia opened in July.

VNG’s BP-hosted CNG fueling outlet in Philadelphia opened in July.

VNG’s strategy is to site CNG outlets at existing gasoline stations. Its first, hosted at a BP station in Philadelphia, opened this summer.

“VNG offers the benefits of fast-fill CNG fueling within existing retail gasoline stations,” states a GE Capital release, “eliminating the need for fleets to own and maintain their own refueling stations.” The GE unit pledges to work with VNG to pinpoint where additional fueling infrastructure is needed, noting that VNG uses GE’s CNG In A Box system “for faster, easier deployment of its CNG fueling stations.”

Breaking Down the Cost Barrier

“We know from our customers that many commercial fleets want to adopt CNG vehicles,” GE Capital Fleet Services CEO Kristi Webb says in a release. “The barrier is the cost and availability of CNG fueling stations,” Webb said. “Our alliance with VNG is a step toward breaking down this barrier.”

GE CNG In A Box unit being lowered into place for VNG’s Abbotsford (Philadelphia) fueling outlet.

GE CNG In A Box unit being lowered into place for VNG’s Abbotsford (Philadelphia) fueling outlet.

“We’re working with VNG to make the connection between providers driving growth of the CNG refueling infrastructure – in the right markets and locations – and owners who want to grow their CNG fleets. This is one of several initiatives and alliances that GE has undertaken to advance the infrastructure for CNG as well as other alternative fuels,” Webb said.

New England Next

“Our collaboration with GE Capital Fleet Services supports our mission of increasing the availability of convenient fast-fill CNG fueling to provide a high quality experience comparable to liquid fuels for all drivers of light-duty NGVs,” said VNG chief operating officer Robert Friedman.

Next for VNG is the installation of five CNG In A Box units in the Boston area in league with the utility Nstar, beginning in Westborough, Mass.


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Source: GE Capital Fleet Services with Fleets & Fuels follow-up

Posted in CNG, Companies, Infrastructure, NGVs.

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