This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Trillium CNG™ And AMP Americas Announce Ambitious Joint Venture To Build Compressed Natural Gas (CNG) Stations Across The US

CHICAGO, July 23, 2012 /PRNewswire/ -- Trillium CNG, a business unit of Integrys Energy Group (NYSE: TEG), and AMP Americas announced today a joint venture, AMP Trillium,  focused on building a network of CNG stations across  the US.

Initially, AMP Trillium will construct stations along the I-65 and I-75 trucking corridors and major routes in Texas, with the first station breaking ground by fall 2012. The stations will be open to the public, though the primary customers will likely be heavy-duty and long-haul trucking fleets.

The new stations will feature fast-fill capabilities and redundant equipment providing increased fill speed and reduced downtime while delivering exceptional reliability backed by our 24/7 on call service-team. The stations will also accept fleet cards and major credit cards and offer special fuel-pricing programs to encourage fleets to take advantage of the economic and environmental benefits of CNG. To further accentuate the project's sustainability benefits, AMP Trillium plans to use renewable CNG whenever possible. Renewable CNG is the chemical equivalent of fossil-based natural gas and is obtained from biomass, often food or animal waste.

Both Trillium CNG and AMP Americas bring substantial experience and expertise to the joint venture. Trillium CNG is highly respected within the alternative fuels industry and the CNG market place for its facility design, construction, operations and maintenance capabilities. "Trillium CNG is excited to join with AMP and support the leaders of the dairy industry on energy and sustainability issues," says Charles Koontz, VP Commercial Services for Trillium CNG.

AMP Americas currently owns two CNG fueling stations in Indiana and, in partnership with Fair Oaks Farms, manages a fleet of 42 CNG milk-transport trucks. By Fall, these trucks will run entirely on renewable CNG made from manure from the dairy's cows in a process called anaerobic digestion.

"We're very excited by what this joint venture means to AMP and our industry. It allows us to complete more renewable CNG projects alongside a strong financial and operating partner," said Nate Laurell, AMP's founder and CEO. "Oil, being globally priced, is expensive, but natural gas is not only abundant in the US, it's also cleaner, producing 20 to 30 percent fewer greenhouse emissions than diesel fuel."

About AMP Americas

AMP Americas LLC is an integrated transport company focused on displacing liquid fuels with compressed natural gas. For more information, visit www.ampamericas.com.

About Trillium CNG

Trillium CNG is a leading provider of CNG fueling services as well as facility design, construction, operation, and maintenance. For more information, visit www.trilliumcng.com.

For more information, contact

Mark MaloneyDirector, Business Development, AMP Americas(312) 300-6700

Charles KoontzVice President, Commercial Operations, Trillium CNG(614) 385-0885

SOURCE AMP Americas

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs