Hc2 portfolio company american natural gas gains national footprint through acquisitions of questar fueling company and constellation cng nyse_hchc

NEW YORK, Dec. Gas constant for air 20, 2016 (GLOBE NEWSWIRE) — HC2 Holdings, Inc. Gas welder salary (“HC2”) (NYSE MKT:HCHC), a diversified holding company, announced today that American Natural Gas (ANG), a premier distributor of alternative motor fuels and a portfolio company of HC2, has acquired Questar Fueling Company, a subsidiary of Questar Corporation, and Constellation CNG, LLC, formerly a subsidiary of Constellation, in two separate transactions, which closed on December 16, 2016, and December 20, 2016, respectively.

As a result of the acquisitions ANG acquired 18 compressed natural gas (CNG) fueling stations, and 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. Electricity names superheroes Financial terms of the two transactions were not disclosed.

“We are extremely pleased with the progress Drew West and the ANG team have made in dramatically expanding their portfolio of compressed natural gas fueling stations to become a truly national company,” said Philip Falcone, HC2’s Chairman, Chief Executive Officer and President. Electric utility companies in california “With energy prices on the rise and sustainability efforts growing more critical, we believe there is a growing opportunity in this marketplace to further expand ANG’s footprint and to serve the needs of their current and future customers.”

“Our customers’ needs are driving our expansion,” said Drew West, Chief Executive Officer of ANG. Electricity and magnetism review sheet “With a national footprint, ANG is situated better than ever to support fleets across the country in broader, more extensive adoptions of CNG. Gas out These strategic purchases align with our mission to expand our CNG network, extend the reach of alternative fuels, and continue to meet the needs of this growing industry.”

ANG acquired seven CNG stations in Indiana and Ohio via the acquisition of Constellation CNG, LLC, and 11 CNG stations in Arizona, Kansas, Texas, Utah, California, and Colorado through the acquisition of Questar Fueling Company.

The purchase of Constellation CNG, LLC also included a parcel of land for the development of an eighth CNG station located at 1325 East Drinker Street in Dunmore, Pennsylvania.

Anchor tenants of the newly acquired stations from Questar include some of the nation’s largest fleets, such as Anheuser-Busch, Frito-Lay, Swift Transportation, Central Freight Lines, and many others. Gas near me open now The 11 Questar 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. Electricity kwh cost calculator Each station has between four and seven fueling lanes and either three or four compressors, guaranteeing consistent capacity and fuel pressure.

Through the acquisition of Questar, ANG also acquired a new state-of-the-art mobile fueling station. Types of electricity consumers The powerful, self-contained system can be mounted to a trailer and transported wherever a client needs for temporary fueling or backup redundancy.

Over the next few months, ANG will be introducing technology and equipment upgrades to the acquired stations so customers can anticipate a smooth, reliable and improved fueling experience. Gasbuddy nj Service at all stations will continue uninterrupted throughout the ownership transition. Gasbuddy 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. Bp gas locations It is also quieter, safer, less expensive and abundant in America. Gas stoichiometry examples Vehicles that run on natural gas generally emit 13 to 21 percent fewer greenhouse gas emissions than vehicles that run on gasoline, and overall costs to operate heavy-duty trucks on CNG are significantly less than running the same trucks on gasoline or diesel fuel.

HC2 Holdings, Inc. Gas bloating HC2 Holdings, Inc. Gsa 2016 pay scale is a publicly traded (NYSE MKT:HCHC) diversified holding company, which seeks opportunities to acquire and grow businesses that can generate long-term sustainable free cash flow and attractive returns in order to maximize value for all stakeholders. Electricity video ks2 HC2 has a diverse array of operating subsidiaries across seven reportable segments, including Manufacturing, Marine Services, Utilities, Telecommunications, Life Sciences, Insurance and Other. La gastritis HC2’s largest operating subsidiaries include DBM Global Inc., a family of companies providing fully integrated structural and steel construction services, and Global Marine Systems Limited, a leading provider of engineering and underwater services on submarine cables. Kushal gas agencies belgaum Founded in 1994, HC2 is headquartered in New York, New York.

At American Natural Gas (ANG) the future is within reach and we can bring you closer. Gas hydrates energy Through our growing network of Compressed Natural Gas (CNG) stations for the transportation industry, we’re delivering opportunity to fleets across the country. Gaslighting examples 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. Static electricity online games ANG is an operating subsidiary of HC2 Holdings, Inc. Electricity song billy elliot (NYSE MKT:HCHC). Gaz 67b for sale To learn more, visit www.americannaturalgas.com.

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. Static electricity how it works 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. Electricity jeopardy powerpoint The forward-looking statements in this press release include without limitation statements regarding our expectation regarding building shareholder value. Gas in babies at night Such statements are based on the beliefs and assumptions of HC2’s management and the management of HC2’s subsidiaries and portfolio companies. Grade 6 science electricity multiple choice test 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, that may be revised or supplemented in subsequent reports on Forms 10-K, 10-Q and 8-K. Mp electricity bill payment jabalpur Such important factors include, without limitation, issues related to the restatement of our financial statements; the fact that we have historically identified material weaknesses in our internal control over financial reporting, and any inability to remediate future material weaknesses; capital market conditions; the ability of HC2’s subsidiaries and portfolio companies to generate sufficient net income and cash flows to make upstream cash distributions; volatility in the trading price of HC2 common stock; the ability of HC2 and its subsidiaries and portfolio companies to identify any suitable future acquisition opportunities; our ability to realize efficiencies, cost savings, income and margin improvements, growth, economies of scale and other anticipated benefits of strategic transactions; difficulties related to the integration of financial reporting of acquired or target businesses; difficulties completing pending and future acquisitions and dispositions; effects of litigation, indemnification claims, and other contingent liabilities; changes in regulations and tax laws; and risks that may affect the performance of the operating subsidiaries and portfolio companies of HC2. Nyc electricity cost These risks and other important factors discussed under the caption “Risk Factors” in our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”), and our other reports filed with the SEC could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release.

You should not place undue reliance on forward-looking statements. Gas after eating salad All forward-looking statements attributable to HC2 or persons acting on its behalf are expressly qualified in their entirety by the foregoing cautionary statements. Gas prices going up in michigan All such statements speak only as of the date made, and HC2 undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Electric utility companies charge customers for For information on HC2 Holdings, Inc., please contact: