Welcome!

News Feed Item

Fortistar Acquires Vocational Energy

WHITE PLAINS, N.Y., Jan. 14, 2013 /PRNewswire/ -- 

  • Fortistar and its new affiliate, TruStar Energy LLC ("TruStar Energy" or the "Company") announce the acquisition of Vocational Energy, the leader in compressed natural gas ("CNG") fuel station engineering, design and construction.
  • The significant increase in the domestic supply of natural gas and the resultant price decline has become a game changer for a number of industries, including transportation.  The economic and environmental advantages of converting transportation fleets to clean burning CNG are now very compelling. 
  • TruStar Energy will provide "one-stop-shopping" for companies wanting to convert their transportation fleet to CNG by offering long term fuel supply agreements to customers from TruStar owned facilities as well as constructing customer-owned fueling stations.

On December 31, 2012, Fortistar, through its affiliate TruStar Energy, purchased a majority interest in Vocational Energy.  TruStar Energy will continue the existing construction business of Vocational Energy and expand into offering long term fuel supply agreements to companies wishing to convert their transportation fleets to CNG.  The Company will also be able to take advantage of Fortistar's supply of landfill gas offering a renewable component to the fuel supply. A future division is expected to provide operations and maintenance services to owners of CNG facilities.  Existing Vocational Energy management will remain in place as a central part of the TruStar Energy team.

Mark Comora, President of Fortistar said, "We are very excited about joining with Vocational Energy, the best construction and technical team in the industry.  Together as TruStar Energy our mission is to set a new standard of excellence in the industry."

Scott Edelbach, President of Vocational Energy/Vice President – Marketing of TruStar Energy said, "Our customers have always appreciated the simplicity of doing business with us.  By applying our core business principals and teaming up with Fortistar, we are now able to significantly expand our market reach and better serve our customers." 

Adam Comora, President and CEO of TruStar Energy added, "We are extremely pleased to be acquiring Vocational Energy and to be able to provide one stop shopping for customers looking to convert their fleets over to clean burning CNG."  Comora continues, "We look forward to deploying the necessary capital to address this growing industry's infrastructure needs."

Contacts:       

Fortistar
Mark Comora, President  (914) 421 4949

TruStar Energy LLC
Adam Comora, President and CEO  (914) 421-4940
Scott Edelbach, Vice President - Marketing (813) 545 1343

About Fortistar

Fortistar, headquartered in White Plains, New York, has a 25 year history of investing in and managing energy assets. Fortistar currently has ownership stakes in over 60 projects in North America selling electricity and gas to a wide range of commercial, industrial and utility customers. Fortistar's growing renewable business currently focuses on the landfill gas and biomass sectors.

About TruStar Energy

TruStar Energy LLC is the preferred partner for commercial fleets looking to transition their fuel supply from oil to natural gas.  TruStar Energy provides a suite of solutions making the transition as simple and easy as possible for the customer.  With over 40 CNG stations designed and built to date, TruStar Energy is a recognized leader in providing CNG infrastructure.

More information can be found on www.fortistar.com

 

SOURCE Fortistar and Vocational Energy

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
The “Digital Era” is forcing us to engage with new methods to build, operate and maintain applications. This transformation also implies an evolution to more and more intelligent applications to better engage with the customers, while creating significant market differentiators. In both cases, the cloud has become a key enabler to embrace this digital revolution. So, moving to the cloud is no longer the question; the new questions are HOW and WHEN. To make this equation even more complex, most ...
Recently, WebRTC has a lot of eyes from market. The use cases of WebRTC are expanding - video chat, online education, online health care etc. Not only for human-to-human communication, but also IoT use cases such as machine to human use cases can be seen recently. One of the typical use-case is remote camera monitoring. With WebRTC, people can have interoperability and flexibility for deploying monitoring service. However, the benefit of WebRTC for IoT is not only its convenience and interopera...
Learn how to solve the problem of keeping files in sync between multiple Docker containers. In his session at 16th Cloud Expo, Aaron Brongersma, Senior Infrastructure Engineer at Modulus, discussed using rsync, GlusterFS, EBS and Bit Torrent Sync. He broke down the tools that are needed to help create a seamless user experience. In the end, can we have an environment where we can easily move Docker containers, servers, and volumes without impacting our applications? He shared his results so yo...
Creating replica copies to tolerate a certain number of failures is easy, but very expensive at cloud-scale. Conventional RAID has lower overhead, but it is limited in the number of failures it can tolerate. And the management is like herding cats (overseeing capacity, rebuilds, migrations, and degraded performance). In his general session at 18th Cloud Expo, Scott Cleland, Senior Director of Product Marketing for the HGST Cloud Infrastructure Business Unit, discussed how a new approach is neces...
"This week we're really focusing on scalability, asset preservation and how do you back up to the cloud and in the cloud with object storage, which is really a new way of attacking dealing with your file, your blocked data, where you put it and how you access it," stated Jeff Greenwald, Senior Director of Market Development at HGST, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
"ZeroStack is a startup in Silicon Valley. We're solving a very interesting problem around bringing public cloud convenience with private cloud control for enterprises and mid-size companies," explained Kamesh Pemmaraju, VP of Product Management at ZeroStack, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also receive...
"Venafi has a platform that allows you to manage, centralize and automate the complete life cycle of keys and certificates within the organization," explained Gina Osmond, Sr. Field Marketing Manager at Venafi, in this SYS-CON.tv interview at DevOps at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Kubernetes is a new and revolutionary open-sourced system for managing containers across multiple hosts in a cluster. Ansible is a simple IT automation tool for just about any requirement for reproducible environments. In his session at @DevOpsSummit at 18th Cloud Expo, Patrick Galbraith, a principal engineer at HPE, discussed how to build a fully functional Kubernetes cluster on a number of virtual machines or bare-metal hosts. Also included will be a brief demonstration of running a Galera MyS...
Enterprise architects are increasingly adopting multi-cloud strategies as they seek to utilize existing data center assets, leverage the advantages of cloud computing and avoid cloud vendor lock-in. This requires a globally aware traffic management strategy that can monitor infrastructure health across data centers and end-user experience globally, while responding to control changes and system specification at the speed of today’s DevOps teams. In his session at 20th Cloud Expo, Josh Gray, Chie...
It is of utmost importance for the future success of WebRTC to ensure that interoperability is operational between web browsers and any WebRTC-compliant client. To be guaranteed as operational and effective, interoperability must be tested extensively by establishing WebRTC data and media connections between different web browsers running on different devices and operating systems. In his session at WebRTC Summit at @ThingsExpo, Dr. Alex Gouaillard, CEO and Founder of CoSMo Software, presented ...
Agile has finally jumped the technology shark, expanding outside the software world. Enterprises are now increasingly adopting Agile practices across their organizations in order to successfully navigate the disruptive waters that threaten to drown them. In our quest for establishing change as a core competency in our organizations, this business-centric notion of Agile is an essential component of Agile Digital Transformation. In the years since the publication of the Agile Manifesto, the conn...
"Our strategy is to focus on the hyperscale providers - AWS, Azure, and Google. Over the last year we saw that a lot of developers need to learn how to do their job in the cloud and we see this DevOps movement that we are catering to with our content," stated Alessandro Fasan, Head of Global Sales at Cloud Academy, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
WebRTC is great technology to build your own communication tools. It will be even more exciting experience it with advanced devices, such as a 360 Camera, 360 microphone, and a depth sensor camera. In his session at @ThingsExpo, Masashi Ganeko, a manager at INFOCOM Corporation, introduced two experimental projects from his team and what they learned from them. "Shotoku Tamago" uses the robot audition software HARK to track speakers in 360 video of a remote party. "Virtual Teleport" uses a multip...