AmpCNG Plans to Build As Many as Ten More This Year Independently
Chicago-headquartered AmpCNG is reporting today that it’s bought out Trillium CNG’s minority interest in 17 joint venture compressed natural gas fueling stations. The move gives AmpCNG full ownership of 19 stations in Texas, Indiana, Ohio, Florida, Georgia, Arkansas, North Carolina and Tennessee.
“New station projects are under development to expand AmpCNG’s footprint in Texas, Georgia, Illinois, Tennessee and California,” says a release.
“We’re targeting to build between five and ten this year with a heavy focus on strong CNG markets,” says Grant Zimmerman – who was named CEO of AmpCNG today.
Target Market: Heavy Duty Trucks
“This transaction further strengthens our commitment to advancing CNG fueling infrastructure throughout the country and to helping make the transition to CNG as easy as possible for heavy-duty trucking fleets,” Zimmerman says in today’s announcement.
“The collaboration with Trillium CNG enabled us to successfully grow our network of CNG stations, and we look forward to working together in our new independent capacities,” he said.
‘We Intend to Build on Strength’
“We’re quite strong in Texas and it’s no secret that we intend to build on strength,” Zimmerman told F&F.
“We typically use Ariel compressors with ANGI and J-W packaging,” he added, noting that Trillium CNG has provided and will continue to provide operations and maintenance support. Trillium has also provided contraction services: “Going forward we will likely work with other partners,” Zimmerman said.
Zimmerman joined AmpCNG in February 2015 as senior vice-president of business development.
“Over the past year Grant has played an integral part in helping us bring six new CNG stations into action,” AmpCNG co-founder and chairman Nate Laurell says in today’s release.
“His intensity and proven experience creating and sustaining growth in the energy sector make him the right person to lead AmpCNG as we build on our achievements to offer even more natural gas fueling solutions.”
Trillium CNG was acquired by Love’s Travel Stops via a deal disclosed early in February (F&F, February 2).
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Source: AmpCNG with Fleets & Fuels follow-up