Industry Leadership ampCNG is a leading provider in the transition to compressed natural gas as a transportation fuel, with extensive experience demonstrated by over 15 million miles driven on their fleet and a strategic pipeline of more than 25 fueling stations, making them a significant player in the alternative fuel market.
Recent Growth & Investment The company recently secured $75 million in private equity funding and was acquired by HC2 Holdings for $41 million, indicating strong financial backing and potential for expansion into new markets or technology upgrades within the natural gas fueling sector.
Market Focus & Potential Targeting the trucking industry with a comprehensive approach that includes fuel sales, station infrastructure development, and truck leasing, ampCNG presents diverse sales opportunities across equipment, fuel, and infrastructure services tailored for fleet operators seeking cleaner transportation options.
Client Profile & Engagement With a small but potentially high-growth client base focused on fleet operators and transportation companies, there are opportunities to offer tailored solutions in renewable natural gas sourcing and fueling infrastructure to support their sustainability and operational goals.
Strategic Positioning As a company at the forefront of renewable energy and natural gas fueling, ampCNG aligns with the growing market trend towards sustainability, offering prospects for partnerships, technology upgrades, and vendor relationships in renewable energy sourcing and clean fuel development.