Colchester, VT. – NG Advantage LLC, which is majority owned by Clean Energy Fuels Corp., (NASDAQ: CLNE), today announced that it has named Enrico “Rico” Biasetti as the Company’s Chief Executive Officer. Biasetti succeeds Tom Evslin, who will remain Chairman of the Board of Directors.
“Expanding our management team will help us maintain excellent service to our current customers as well as grow our customer base beyond New York and New England,” said NGA Chairman Tom Evslin. “Rico has an entrepreneurial spirit and experience forming and leading companies. He has successfully been selling complex energy products for years and has been responsible for the procurement and delivery of crucial supplies to industrial customers. With his experience, Rico knows the challenges our customers face and how best to provide them service. He has the background to lead our highly professional team to the next stage of growth.”
NG Advantage pioneered trucking compressed natural gas to end-users in the United States and is the leading provider of this “virtual pipeline” service. The company carries natural gas to industrial and commercial customers providing them the environmental and economic benefits of a clean-burning, domestically produced fuel, despite their being beyond the reach of natural gas pipelines.
“I’m extremely excited to be joining the NG Advantage team with its well-earned reputation for safe and reliable service,” said CEO Biasetti. “We are committed to maintaining and improving service levels for existing customers and providing access to clean-burning natural gas for energy intensive industrial and commercial users throughout the country that are not currently served by pipelines.”
Prior to coming to NG Advantage, Rico was President and COO of Biogenic Reagents/Michigan Renewable Carbon, a company that manufactured carbon from renewable biomass which he co-founded. Before Biogenic, Rico was General Manager of the $25 million Sustainable Division of Cliff Natural Resources. In his various roles he served customers which include Alcoa, Nucor, and Philip Morris. Rico’s early career was focused on business development in energy services to industrial markets, commodity trading, risk management, and M&A.
About NG Advantage LLC
NG Advantage provides the economic and environmental benefits of clean-burning natural gas to boiler and kiln operators located beyond the reach of pipelines via the largest virtual pipeline trailer fleet in the US. The company pioneered trucking compressed natural gas to end users in the US and is the leading provider of this “virtual pipeline” service in the country. The company’s current customers include large regional hospitals, paper mills, asphalt plants, food processors, industrial dry cleaners, manufacturing facilities, and local pipeline companies. The company, which is majority owned by Clean Energy Fuels (NASDAQ: CLNE), is expanding nationwide from its base in the Northeast.
Clean Energy Media Contact:
Jason A. Johnston
Clean Energy Investor Contact:
NG Advantage Contact:
(O) 802.760.1167 x514