In 2020, TruStar Energy signs long-term RNG Fuel Supply Contracts totaling 175 million GGE, completes 42 Natural Gas Fueling Station Projects and is set to Deliver over 30 million GGE of Renewable Natural Gas in 2021
WHITE PLAINS, N.Y.–(BUSINESS WIRE)–#GHG–TruStar Energy, a market leader in renewable natural gas (RNG) fuel supply for the transportation sector, today announced a successful 2020 and aggressive growth plans to continue transitioning heavy duty United States transportation from diesel to lower cost, cleaner alternatives.
“The future of renewable heavy-duty transportation is here now, thanks to renewable natural gas,” said Adam Comora, President and CEO of TruStar Energy. “Companies operating Class 8 trucks are quickly realizing that they don’t have to wait for new, unproven technologies and infrastructure to significantly reduce their greenhouse gas emissions and save on fuel costs—our RNG does that today. We see RNG as a lasting part of a future where there will be many different fuels and technologies for various applications. We’re excited about the long-term benefits of RNG and look forward to helping more organizations deploy it within their heavy-duty fleet.”
During 2020, TruStar Energy completed 42 natural gas fueling station projects across the country, bringing its total completed projects to 380. TruStar’s service network continues to grow with over 60 service professionals providing coverage to 140 fueling stations nationwide, producing over 120 million annual GGE.
In December, the company’s parent, Fortistar, in tandem with the TruStar Energy’s distribution efforts, announced the fifth of 12 new RNG projects, together requiring nearly $500 million of new capital investment. These new projects will produce over 100 million GGE annually of RNG, reducing annual U.S. transportation emissions by 2 million metric tons of CO2—the equivalent of taking approximately 434,782 passenger cars off the road.
“TruStar Energy combines RNG fuel supply with best in class RNG fuel delivery. By designing, engineering, constructing and servicing stations, we ensure seamless execution and uninterrupted fuel supply for our fleet partners,” said Scott Edelbach, Chief Operating Officer of TruStar Energy. “TruStar Energy provides a vertically integrated solution for fleets looking to reduce their carbon footprint, save money, and most importantly, do it today.”
Following years of testing and growing use, RNG has developed into a proven, low-cost, low-carbon fuel available today. RNG is chemically identical to the natural gas Americans use to cook and heat their homes, with one critical difference: it’s not a fossil fuel pumped from the ground. Instead, RNG is the natural byproduct of landfills and animal waste, captured and processed before it leaks into the atmosphere or is required to be burned off. Fleets that use RNG can reduce their total greenhouse gas emissions by 99 to 149 percent compared to diesel, and RNG can also cost 40 to 70 percent less per gallon, providing an attractive rate of return on natural gas truck capital expenditures and a significant annual operating cost savings.
Combined, Fortistar’s continued investments and TruStar Energy’s success and expansion in RNG distribution are creating unparalleled opportunities for synergistic growth. These opportunities are fueling carbon capture, mobility and circular economy solutions providing sustainable growth for businesses across the country. For more information about TruStar Energy’s RNG program, visit www.trustarenergy.com.
ABOUT TRUSTAR ENERGY
TruStar Energy, a Fortistar portfolio company, is a market leader in renewable natural gas (RNG) fuel supply for the transportation sector and delivers it with best in class fueling infrastructure. We have built over 380 natural gas fuel station projects producing over 140 million gallons annually—with full vertical integration from station design, construction, station maintenance, service and RNG fuel supply. By 2023, we will be supplying over 125 million gallons of RNG annually into the transportation industry through its own stations and partner customers.
For additional information, please visit www.trustarenergy.com and follow us on LinkedIn and Twitter.
TruStar Energy: Fueling Success. Driving Change.
Contacts
Lily Thieneman
lily.thieneman@kglobal.com
+1 (502) 468-8801
