VNG.co was recently awarded a grant by the Colorado Energy Office (CEO), in partnership with the Regional Air Quality Council and the Colorado Department of Transportation, to build a fast-fill compressed natural gas (CNG) fueling facility in downtown Denver. VNG says the station will be co-located within a major oil branded gasoline station featuring a convenience store.
VNG was one of four grant recipients the CEO announced in August under the latest round of funding from the ALT Fuels Colorado program, which covers 80% of CNG equipment costs, up to $500,000. Ultimately, the CEO plans to help fund the development of 25 to 30 fast-fill CNG stations along major statewide transportation corridors and has issued awards for 15 stations to date, including VNG's new Denver project.
‘This grant is aligned with our model of offering fast-fill CNG fueling within traditional gasoline stations to support the development of the natural gas vehicle market for light-duty fleet and consumer drivers,’ says Robert Friedman, chief operating officer of VNG.
‘Colorado remains a national leader in providing incentives to grow the use of natural gas as an attractive alternative transportation fuel,’ adds Friedman. ‘This is another example of the growing support from federal and state government and regulatory agencies to encourage the use of CNG as a transportation fuel to help achieve the nation's clean air and energy independence objectives.”