American Natural Gas (ANG) announced that it has acquired Questar Fueling Company, a subsidiary of Questar Corporation, including its 11 compressed natural gas (CNG) fueling stations in Arizona, Kansas, Texas, Utah, California, and Colorado. Financial terms were not disclosed.
Anchor tenants of the newly acquired stations include some of the nation’s largest fleets such as Anheuser-Busch, Frito-Lay, Swift Transportation, Central Freight Lines, and many others. The stations are designed for medium- and heavy-duty vehicles, but are also open to other fleets and members of the general public who drive natural gas-powered vehicles. Each station has between four and seven fueling lanes and either three or four compressors, guaranteeing consistent capacity and fuel pressure.
As a result of the acquisition, which closed on Dec.16, 2016, ANG now owns and operates the following 11 high-speed, high-volume Questar Fueling CNG stations:
- 1001 South 65th Ave., Phoenix, AZ 85043
- 5625 Southwest Wenger St., Topeka, KS 66609
- 6580 Kansas Ave., Kansas City, KS 66111
- 650 East Centre Park Blvd., De Soto, TX 75115
- 4200 Duncanville Rd., Dallas, TX 75236
- 5800 Mesa Drive, Houston, TX 77028
- 5348 East Houston St., San Antonio, TX 78220
- 5260 West 2400 South, West Valley City, UT 84120
- 35750 Highway 58, Buttonwillow, CA 93206
- 10405 East 40th Ave., Denver, CO 80239
- 14512 Aliso Drive, Fontana, CA 92337 (under construction)
As a result of this acquisition and that of Constellation CNG, LLC on December 20, ANG now owns and operates approximately 40 fueling stations in 13 states across the United States, inclusive of stations in process and under development, up from only two stations at the time of HC2’s initial investment in ANG in August 2014.
“Our customer’s needs are driving our expansion,” said Drew West, Chief Executive Officer of ANG. “With a national footprint, ANG is situated better than ever to support fleets in broader, more extensive adoptions of CNG. With energy prices on the rise and sustainability efforts growing more critical, there has never been a more important time to invest in alternative fuels.”
Through the transaction, ANG also acquired a new state-of-the-art mobile fueling station. The powerful, self-contained system can be mounted to a trailer and transported wherever a client needs for temporary fueling or backup redundancy.
Service at all stations will continue uninterrupted throughout the ownership transition. ANG will oversee operations with state-of-the-art 24-hour monitoring platforms and an expert “on-call” maintenance team.
Natural gas is the cleanest burning alternative fuel available that has the power to run heavy-duty vehicles. It is also quieter, safer, less expensive and abundant in America. Vehicles that run on natural gas generally emit 13% to 21% fewer greenhouse gas emissions than vehicles that run on gasoline.
For more information, visit www.americannaturalgas.com, or call (866) 264-6220 with questions.