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Direct Energy Announces Partnership to Offer Turnkey CNG Fueling Solution to Fleet Customers
Direct Energy Business and American Natural Gas, LLC (ANG) have entered into a relationship under which they will offer a turnkey compressed natural gas (CNG) fueling solution to fleet customers
The agreement provides that ANG will furnish, and in most instances, own all necessary station infrastructure for clients identified by both Direct Energy Business and ANG. Direct Energy Business will lead marketing efforts and a client acquisition strategy, provide natural gas and electric commodities to the fueling stations, and identify the optimal commodity contract terms for a client’s desired CNG output pricing structure. The two companies will work together to structure tailored gas agreements.
Drew West, founder and CEO of ANG, stated, "The relationship we have developed with Direct Energy Business allows us to expand our station rollout strategy while being able to offer both companies’ current and future clients a turnkey CNG fueling solution. Furthermore, with Direct Energy Business now being able to offer a complete CNG fueling solution, we will be positioned to have one of the most expansive networks of publicly accessible, heavy-duty CNG stations throughout the United States within the next three years."
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September 5, 2014
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Copyright 2010-14 EnergyChoiceMatters.com
Reporting by Karen Abbott • kabbott@energychoicematters.com
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