I'm glad that someone posted the Trillium link as I was about to. I've been hoping to find a company, other than CLNE, who who's going to enter the space of nat gas refueling stations. If the government doesn't get in the way of this energy resource then the badly needed infrastructure build-out could explode. I know that Shell and Apache have announced plans to build a number of such stations but I'd like to find a well- funded company whose bottom line could be significantly impacted by an aggressive forray into this niche. Could TEG be that company?
Good points. The pr came out in nov. of last year of the purchase. They have a website and they are based in TX. The co is cOmbination from former owners. Now to determine what caused the sale and at what price TEG bought. Good opportunity in LT however, as you point out, govt is part of it. There has to be some credits in place. Side bar, another stk of mine released today they are investing 1b more in LNG/gas infrastructure. This is OKE thru OKS.
My first take was this is another jump into the NG frenzy. However, then I recalled a T Boone Pickens interview On CNBC about the conversion to NG in the trucking industry. And the trend to spilt up IE COP, Marathron etc. if this pilot works for them, great. I just hope the margins are there and the financing to create this business is not their sole responsibity. looks like 10k update time.