Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  AGL Resources Inc.    GAS

Delayed Quote. Delayed  - 05/27 07:51:45 pm
65.56 USD   -0.05%
05/16 AGL RESOURCES : Capital Corporation Prices Public Offering of $350 M..
05/12 MAKING ITS ENER : AGL Resources kicks off annual Volunteer Week cele..
05/11 AGL RESOURCES I : ex-dividend day
News SummaryMost relevantAll newsSector news 

AGL Resources Inc. : Atlanta Gas Light signs contracts for two more CNG stations to be developed under the AGL CNG Program

share with twitter share with LinkedIn share with facebook
share via e-mail
10/31/2013 | 04:21pm CEST
Atlanta Gas Light signs contracts for two more CNG stations to be developed under the AGL CNG Program

DeKalb County and Flint River Fueling Center (Oglethorpe, GA) to open publicly accessible CNG stations under Georgia PSC-approved program
(Photos available upon request)

ATLANTA, Oct. 24, 2013 - Atlanta Gas Light, a subsidiary of AGL Resources (NYSE:GAS), announced today that it has signed agreements to open two new compressed natural gas (CNG) fueling stations in Decatur, Ga, and Oglethorpe, Ga. Both public-access stations, which will be operated by DeKalb County and the Flint River Fuel Center, will be constructed by Atlanta Gas Light under a program approved by the state's Public Service Commission to utilize the company's Universal Service Fund to spur CNG vehicle and infrastructure investment in the state.

"The seven fueling stations now under construction demonstrate our commitment to economic development and our program's goal of ramping up CNG investments across the state," said Kevin McCrackin, vice president of utility marketing for AGL Resources. "The program has been pivotal in expanding public access to this clean, efficient and affordable fuel source."

Currently seven stations are in various stages of development under the program throughout Georgia, including the following:

Metro Atlanta
  • 1120 North Ave. (City of Atlanta)
  • 128 Claire Dr. (City of Atlanta)
  • 323 Cash Memorial Blvd., Forest Park (Premier Transportation)
  • 3720 Leroy Scott Dr., Decatur (DeKalb County)
  • 2880 State Route 49, Oglethorpe (Flint River Fuel Center) Savannah
  • 401 O'Leary Rd. (Colonial Group, Inc., through its Enmark subsidiary)

    In August Atlanta Gas Light opened the first CNG fueling station under the AGL CNG Program in Valdosta, Ga. The station, located at 1628 James P. Rodgers Dr., is owned by Langdale Fuel Co., an affiliate of The Langdale Company..

    In November 2011, the Georgia Public Service Commission approved a plan submitted by Atlanta Gas Light to invest $11.57 million from the company's Universal Service Fund to install natural gas compression and storage equipment at newly proposed CNG fueling stations. With seven stations under contract and the construction phase under way, the program has successfully deployed the majority of the authorized funding. Atlanta Gas Light is still taking applications under the program on a first-come, first-served basis but cannot assure that funding will remain available for interested applicants.

    Atlanta Gas Light also has existing programs to work with fleet operators and potential station developers to build a variety of CNG station options. This includes development of CNG station projects under the company's V-52 tariff rate schedule. The V-52 rate provides for Atlanta Gas Light to install and maintain the CNG equipment for station developers in a similar fashion, but under a different rate structure.

    Atlanta Gas Light also has a lease program for homeowners and small business owners to install a home refueling appliance (HRA) to conveniently fuel CNG vehicles. Leases are available for $60 per month with a 5-year commitment.

    More information on the CNG Program can be found at www.atlantagaslight.com/cngplan.

    About Atlanta Gas Light

    Atlanta Gas Light, a wholly owned subsidiary of AGL Resources (NYSE: GAS), provides natural gas delivery service to more than 1.5 million customers in Georgia. In operation since 1856, the company is one of the oldest corporations in the state. For more information, visit www.atlantagaslight.com.

    About AGL Resources

    AGL Resources (NYSE: GAS) is an Atlanta-based energy services holding company with operations in natural gas distribution, retail operations, wholesale services, midstream operations and cargo shipping. AGL Resources serves approximately 4.5 million utility customers through its regulated distribution subsidiaries in seven states. The company also serves approximately 634,000 retail energy customers and approximately 1.23 million customer service contracts through its SouthStar Energy Services joint venture and Nicor National, which market natural gas and related home services. Other non-utility businesses include asset management for natural gas wholesale customers through Sequent Energy Management, ownership and operation of natural gas storage facilities, and ownership of Tropical Shipping, one of the largest containerized cargo carriers serving the Bahamas and Caribbean region. AGL Resources is a member of the S&P 500 Index.

    # # #

    Media Contact
    Kristie Swink Benson
    Office: 404-584-3167

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
React to this article
Latest news on AGL RESOURCES INC.
05/18 AGL RESOURCES INC : Entry into a Material Definitive Agreement, Creation of a Di..
05/16 AGL RESOURCES : Capital Corporation Prices Public Offering of $350 Million of Se..
05/12 MAKING ITS ENERGY MATTER : AGL Resources kicks off annual Volunteer Week celebra..
05/11 AGL RESOURCES INC. : ex-dividend day
05/06 SOUTHERN : and AGL Resources announce merger settlement with all parties in New ..
05/05 AGL RESOURCES INC : Other Events, Financial Statements and Exhibits (form 8-K)
05/05 SOUTHERN COMPANY : and AGL Resources announce merger settlement with all parties..
05/05 AGL RESOURCES INC : Change in Directors or Principal Officers (form 8-K)
05/04 AGL RESOURCES : Management's Discussion and Analysis of Financial Condition and ..
05/04 AGL RESOURCES : posts 1Q profit
News chart
Full-screen chart
Income Statement Evolution
More Financials