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English Español USA: American Natural Gas acquires ampCNG

ampCNG’s 20 natural gas filling stations will now be part of the American Natural Gas portfolio.

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HC2 Holdings, a diversified holding company, has announced that its energy portfolio company American Natural Gas (ANG) has acquired natural gas fuel provider ampCNG, a natural gas fuel provider, for $41 million.

The acquisition of ampCNG’s 20 natural gas fuelling stations, located primarily in the Southeastern U.S. and Texas, expands ANG’s network reach to over 60 stations, making it one of the largest owners and operators of CNG stations in the country.  ANG also expects to achieve certain synergies through the acquisition.

“We are excited to bring ampCNG into the ANG family, as we believe it perfectly complements our overall company mission of supporting America by making natural gas readily available for commercial and public vehicle fueling,” said Drew West, Chief Executive Officer & Founder of ANG.

ANG will continue to build, operate, and maintain its natural gas fuelling stations.  Simultaneously, ANG will continue to pursue its goal of providing 100% renewable natural gas by 2020.

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