Dive summary:
- Foristar, a renewable energy company with interests in landfill gas and biomass, has purchased a majority interest in CNG fueling station producer, Vocational Energy.
- Foristar will use their supply of landfill gas as a component to the CNG fuel supply.
- Vocational Energy’s construction business will be continued and expansions are expected for long-term fuel supply agreements to companies interested in converting their trucks to CNG.
From the article:
The firms expect a future division to provide operations and maintenance services to owners of CNG facilities.
"We are extremely pleased to be acquiring Vocational Energy and to be able to provide one-stop shopping for customers looking to convert their fleets over to clean-burning CNG," said Adam Comora, President and CEO of TruStar Energy. ...
