Clean Energy (CLNE)

[whassup]

What impact will we see if NGAdvantage signs up one of International Paper's largest plants to supply NG and they have in the works looking at sites for a compression plant to service 45 fueling trucks per day????

These kind of deals may be why CLNE bought NgAdvantage....imo


"Vermont Gas Systems, the state’s natural gas utility, hired the company to deliver natural gas to businesses in Middlebury this summer by way of a “virtual pipeline.” Evslin said the company is also speaking with International Paper in Ticonderoga, New York, to discuss the possibility of delivering natural gas to the paper mill."


The International Paper mill in Ticonderoga has committed to $100 million in upgrades after receiving $1.75 million in grants and eight megawatts of low-cost power, the Cuomo administration said Wednesday.

The company will use $1.75 million from Empire State Development Corp., the state economic development unit, and the New York State Energy Research and Development Authority to help finance an $11 million project to convert a power boiler and lime kiln from oil to natural gas."

"The NGAdvantage facility would be located on a nearby 54-acre vacant site on Route 7 that consists of grass fields, heavy brush, trees and some wetlands. The compressing station would run 24 hours a day, seven days a week, 365 days a year and service about two trucks per hour, or 45 vehicles a day."