The subsidiary of Exelon Corporation has announced an agreement with CNG Fuel, Inc. to acquire seven compressed natural gas fueling stations in those U.S. states. Constellation will own and operate them as public/private-access fueling sites for regional and interstate transportation fleets.
“Our customers and business partners see CNG and electric vehicle charging as key opportunities to address their long-term sustainability and cost management objectives,” said Gary Fromer, senior vice president of Distributed Energy for Constellation. “The addition of CNG to Constellation’s retail offerings will help our customers accelerate fleet conversions while allowing Constellation to address their CNG infrastructure and gas supply management requirements.”
Through its distributed energy business, Constellation is working with a number of its customers to develop, build, own and operate CNG fueling stations in locations to serve customer-owned and third-party contracted fleets.
In 2014, the company deepened its retail natural gas supply footprint in Indiana and Ohio through the acquisitions of ETC ProLiance Energy and Integrys Energy Services.
Constellation’s six CNG fueling stations are located in Indianapolis, Lafayette, Greensburg and Seymour, Ind., and Dayton and Findlay, Ohio, with an additional fueling station currently under development in Fort Wayne, Ind. The stations are regularly used by CNG vehicles from a variety of transportation fleets, with capacity available for future growth.