ANG and Direct Energy Business partner up over CNG stations
American Natural Gas and Direct Energy Business have entered into a relationship that brings together a premier CNG fueling station provider and one of the largest commercial retail energy suppliers in North America.
The relationship provides ANG access to a dominant sales team to help scale CNG station development throughout the United States.
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.
Press Release, September 5, 2014; Image: ANG