WEC Energy to Sell Network of Gas Fueling Station

WEC Energy Group plans to sell a network of compressed natural gas fueling stations it acquired as part of its Integrys purchase. Building CNG stations around the country doesn’t fit the risk profile for the Milwaukee-based parent company of Upper Midwest utilities, so the business, known as Trillium CNG, is for sale, a company spokeswoman said.

The Trillium business operates 66 public stations around the country, as well as 43 private stations that are used just by one trucking customer. The Trillium network of stations has expanded around the country in recent years, investing in CNG stations from coast to coast. Its assets are valued at about $140 million and it has 111 employees in fifteen states.

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