Vancouver-based company Westport Fuel Systems Inc. has agreed to sell its compressed natural gas (CNG) compressor business based in Cherasco to Itallian gas transmission operator Snam.
The purchase price is 12.5 euros and the deal is expected to close by the end of July this year. The divestiture is consistent with Westport Fuel Systems strategy to streamline its business and product lines and focus on supplying alternative fuel vehicle components and systems to the transportation industry.
Snam stated that the deal includes the Cubogas brand, an international leader in the compressed natural gas (CNG) supply systems, and would help it position itself as a leader in providing turnkey solutions for sustainable natural gas mobility.
“We are proud to have Snam agreeing to purchase our CNG compressor business, given their leadership in the development of natural gas fuelling infrastructure in Italy,” said Nancy Gougarty, CEO of Westport Fuel Systems. ““This business will be in good hands as they will be able to grow the CNG fuelling infrastructure further, which will ultimately benefit our core business.”
The completion of the acquisition, which will be carried out by a newly established company 100% controlled by Snam4Mobility, is expected in July this year, after meeting certain conditions including trade union procedures. Snam will work to further develop the strengths of Cubogas such as brand value, customer orientation and level of service.
The HAM Group has opened a new compressed natural gas (CNG) dispenser at its service station in Seville. The refuelling facility is already operational, and is located in Alcalá de Guadaíra (Seville), between SE30 and A-92 km.
Initially, the Seville station supplied only liquid natural gas (LNG) and, due to the high demand, it has been modified so that it can refuel both products, LNG and CNG. Professional fleets can be refuelled with either credit card or HAM card.
This initiative consolidates HAM’s leadership in the natural gas for vehicles sector, maintaining its commitment to its pricing policies and strengthening the confidence of its customers.
Currently, HAM has a wide network of natural gas stations, offering both LNG and CNG, distributed throughout Spain.
A group of Pacific Northwest businesses and non-profit businesses announced the launch of the Northwest Alliance for Clean Transportation. The Alliance is committed to helping the region reduce harmful pollutants and greenhouse emissions by encouraging the use of natural gas vehicles. Alliance members include utilities Puget Sound Energy, NW Natural, Avista and FortisBC. They are joined by non-profit businesses including Columbia-Willamette Clean Cities, American Biogas Council, and Natural Gas Vehicles for America.
“Natural gas vehicles offer a practical and cost-effective solution to some of our most severe air quality problems,” said Connor Reiten, the group’s Director of Policy and Operations. “This technology is a ready-made solution, and we need to get the word out to businesses and policy makers that this can make a big and immediate difference.”
The Alliance aims to raise awareness of the many benefits of NGVs to the Northwest. These range from reducing air pollution and carbon emissions to cost-savings from lower fuel prices and maintenance costs. Additionally, the advantages of NGVs can be multiplied with the use of renewable natural gas or biomethane, which offers even more environmental benefits, especially with respect to greenhouse gases, with up to a 115% GHG reduction over diesel.
“We must make sure policy makers understand that NGVs can be the best bet for air quality in many applications,” added Reiten. “For example, natural gas is a great low-emissions alternative to diesel vehicles.
Source: NW Alliance for Clean Transportation
PitPoint will be extending its compressed natural gas (CNG) network with six new stations in Belgium. The new refuelling facilities will be built in the following locations: Aalter, Kortrijk, Luik, Anderlecht, Eindhout and Charleroi.
Geert Degroote, managing director Belgium for PitPoint, said: “The realization of a wide CNG refuelling network is one of our biggest priorities in Belgium, and with these new stations we will be making a large step in that direction.”
“To make this happen, we are working together with various stakeholders, with the shared goal of building a national network of CNG stations in Belgium. So that it is easier to switch to CNG, for private and for business customers,” added Degroote. “And with every new station, we’re moving one step closer to achieving our vision, which is 100% clean transport throughout Europe by 2030.”
PitPoint Belgium’s new CNG station in Aalter was officially opened on April 5.