Fortistar Buys CNG Station Producer Vocational Energy
Fortistar has acquired compressed natural gas (CNG) fueling station producer Vocational Energy for an undisclosed amount.
The White Plains, N.Y.-based Fortistar, a renewable energy company with interests in landfill gas and biomass, bought a majority interest in Tampa, Fla.-based Vocational Energy through its affliliate, TruStar Energy LLC, according to a news release.
TruStar Energy will continue Vocational Energy’s construction business and expand by offering long-term fuel supply agreements to companies wanting to convert their fleets to CNG. It also will use Fortistar's supply of landfill gas as a renewable component to the fuel supply.
The firms expect a future division to provide operations and maintenance services to owners of CNG facilities.
"We are extremely pleased to be acquiring Vocational Energy and to be able to provide one-stop shopping for customers looking to convert their fleets over to clean-burning CNG," said Adam Comora, President and CEO of TruStar Energy.
Mark Comora, president of Fortistar, said, "We are very excited about joining with Vocational Energy, the best construction and technical team in the industry. Together as TruStar Energy our mission is to set a new standard of excellence in the industry."
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