Roadway CNG, LLC
Roadway CNG develops and operates natural gas fueling stations. We estimate a 40% IRR after tax, levered basis.
- Stage Full Product Ready
- Industry Clean Technology
- Location United States
- Currency USD
- Founded January 2012
- Employees 2
Company Summary
CNG is a mature technology that works well – but it is an early mover opportunity as many US markets are wide open – there are currently about 2,000 stations nationwide. Truck fleet operators want to convert their trucks to CNG because there is a dollar fuel savings of $1 per gallon. It cost ~$20,000 per truck to convert over to CNG.
Team
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Mark EngebergPresident
SunMark Energy, LLC
3g Solutions, Inc
Motorola, Inc
Lincoln Property Co.
University of Maryland - Finance -
Scott DeatherageLegal & New Business
Environmental Attorney - 25 years
Harvard Law School
Advisors
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Scott DeatherageLawyerUnconfirmed
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