USA: Blue Energy Acquires TXU Gas Company's Alternative Fuels Division
Armed with a seasoned executive team, significant financial resources and strategic positioning in several key markets, Blue Energy & Technologies LLC, a new, multi-dimensional natural gas vehicle (NGV) company, has acquired the Alternative Fuels Division of TXU Gas Company, formerly Lone Star Energy, for an undisclosed sum. The transaction, which formally closed July 31, 2000, includes a network of 20 public natural gas fueling stations and related primarily operations in the Dallas - Ft. Worth area.
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