American Natural Gas Opens Public CNG Fueling Station in Lynchburg, VA

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American Natural Gas Opens Public CNG Fueling Station in Lynchburg, VA

Central Virginia station strengthens national CNG station network

Saratoga Springs, N.Y., July 24, 2018 – American Natural Gas (ANG), a premier distributor of alternative motor fuels, and a portfolio company within HC2 Holdings, Inc. (NYSE: HCHC), announced today that it has opened a heavy duty fast-fill compressed natural gas (CNG) station in Lynchburg, Virginia. The facility, located at 110 Jefferson Ridge Parkway, will be open to the public and PepsiCo’s Frito-Lay division will be a major customer with its fleet of CNG tractor-trailers.

Located within a mile of the intersection of Lynchburg/Northwest Expressway (US-501)) and US-221, the new station will meet regional demand for high-performing, easily-accessible CNG fueling facilities for heavy-duty and long-haul trucking fleets and provides easy on-and-off highway access for class 8 vehicles. 

“As oil prices continue to rise, it becomes more important than ever to make domestic alternative fueling options available to American fleets,” said Drew West, Chief Executive Officer of ANG. “It also creates new opportunities for fleets located in or traveling through the Central Virginia region that are interested in CNG and exploring the industry’s new zero emission engines. They will now have convenient access to the cleaner, safer and more affordable fuel.”

ANG currently owns and operates approximately 44 fueling stations in 15 states across the United States, inclusive of stations in process and under development. This is ANG’s first station in Virginia and the second located in close proximity to a Frito-Lay manufacturing facility.

“Delivering products using a more efficient fleet is a key component of achieving PepsiCo’s goal to reduce absolute greenhouse gas emissions across our value chain, and our Frito-Lay CNG tractor-trailers are an important piece of our overall strategy,” said Ken Marko, Senior National Fleet Sustainability Manager, PepsiCo’s Frito-Lay Division. Having a national infrastructure for alternative fuel is critical to the continued expansion of Frito-Lay’s CNG fleet and for other companies currently using or considering this technology.

This Lynchburg station is built around best in class equipment and features fully redundant systems, including a top-of-the-line 250 HP GE compressor packaged by Cobey Energy, with two points of temperature compensation and a Xebec dryer. The station features Bennett CNG dispensers equipped with NGV1 nozzles for light and medium-duty use and NGV2 nozzles to accommodate heavy-duty and transit vehicles. The fast-fuel station is designed to accommodate high-capacity, large volume users.

Brent Archer, president of Columbia Gas of Virginia, said, “As the natural gas service provider for both American Natural Gas and for Frito-Lay’s Lynchburg manufacturing facility, we are pleased to play a part in making this important and environmentally beneficial fuel option available to the public. It’s a great example of the essential and expanding role natural gas plays in the daily lives of virtually all Americans.  We look forward to our partnership with ANG and other Columbia Gas customers.”

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.

Business owners or fleet managers interested in learning more about the Lynchburg station, or converting to CNG, are encouraged to contact ANG, 866-264-6220 or info@americannaturalgas-com.server-rampantimaginations-com.vps.ezhostingserver.com.

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 About American Natural Gas, LLC

At American Natural Gas (ANG) the future is within reach and we can bring you closer. Through our growing network of Compressed Natural Gas (CNG) stations for the transportation industry, we’re delivering opportunity to fleets across the country. Our team of highly-trained strategists, designers and operations professionals is changing perspectives and increasing potential as we improve the CNG experience and move the alternative fuel industry forward.  ANG is a portfolio company within HC2 Holdings, Inc. (NYSE: HCHC).  To learn more, visit www.americannaturalgas.com.

 Cautionary Statement Regarding Forward-Looking Statements

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: This release contains, and certain oral statements made by our representatives from time to time may contain, forward-looking statements. Generally, forward-looking statements include information describing actions, events, results, strategies and expectations and are generally identifiable by use of the words “believes,” “expects,” “intends,” “anticipates,” “plans,” “seeks,” “estimates,” “projects,” “may,” “will,” “could,” “might,” or “continues” or similar expressions. The forward-looking statements in this press release include without limitation statements regarding the beliefs and assumptions of ANG’s management. The Company believes these judgments are reasonable, but you should understand that these statements are not guarantees of performance or results, and the Company’s actual results could differ materially from those expressed or implied in the forward-looking statements due to a variety of important factors, both positive and negative.  Such important factors include, without limitation, issues related to our ability to realize efficiencies, cost savings, income and margin improvements, growth, economies of scale and other anticipated benefits of strategic transactions; and difficulties related to the integration of financial reporting of acquired or target businesses; effects of litigation, indemnification claims, and other contingent liabilities.

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