American Natural Gas (ANG) has acquired AMP CNG, adding 20 additional natural gas fueling stations to ANG’s portfolio.
According to Andrew West, ANG’s CEO, the acquisition complements the company’s “current infrastructure and future expansion plans,” particularly in the Southeast. AMP CNG – part of AMP Americas – has compressed natural gas refueling stations in Arkansas, Florida, Georgia, Indiana, North Carolina, Ohio, Tennessee and Texas. According to ANG, the acquisition totals $41 million.
“The synergies of AMP CNG and ANG will significantly strengthen the opportunity to serve customers,” says West. “The expansive nature of ANG’s national network, coupled with exclusive focus on compressed natural gas, continues to fuel a healthier and cleaner future.”
ANG currently has stations in Arkansas, Arizona, California, Colorado, Indiana, Kansas, Kentucky, New York, Ohio, Tennessee, Texas, Utah, Vermont and Virginia. The acquisition of AMP brings the total number of stations to over 60.
ANG will maintain its headquarters in Saratoga Springs, N.Y., and will continue to build, operate and maintain natural gas fueling stations. ANG is also pursuing a goal of providing 100% renewable natural gas by 2020.
“With mounting pressure to improve air quality and our environment, this acquisition is our step towards a more sustainable future,” adds West.
