Hexagon Agility has received an order for Mobile Pipeline® modules from
This order represents an estimated total value of
“We were the launch customer for Hexagon Agility’s TITAN®53 and they have been a game changer for us. The higher capacity and lower cost of ownership have allowed us to optimize our dispatch reliability and significantly reduce the number of trips required to serve our customers,” said
About the market
Mobile Pipeline® is vital to driving energy transformation away from petroleum fuels to clean and renewable natural gas. Companies like XNG have been leaders in the industry, enabling customers without pipeline access to adopt natural gas and meet their environmental goals. Natural gas is today’s low carbon, cost effective alternative energy. Renewable natural gas sourced from organic material is fully compatible with today’s infrastructure and Mobile Pipeline equipment and is being rapidly adopted to drive decarbonization of industrial and vehicle fleet operations. With more than 1,700 Mobile Pipeline® modules now deployed around the world, Hexagon Agility continues to set the standard for safety, reliability, and performance.
“We appreciate our long partnership with XNG in driving energy transformation. They were one of the pioneers of Mobile Pipeline and operating their fleet on clean CNG,” said
Timing
The modules are expected to be delivered in the fourth quarter of 2021.
For more information:
Hiva Ghiri, VP Investor Relations,
About
Founded in 2011, XNG provides an alternative energy source for businesses without access to a gas pipeline. By transporting compressed natural gas in both the
About Hexagon Agility
Hexagon Agility®, a business of
About
Hexagon delivers safe and innovative solutions for a cleaner energy future. Our solutions enable storage, transportation, and conversion to clean energy in a wide range of mobility, industrial and consumer applications.
Learn more at www.hexagongroup.com and follow @HexagonASA on Twitter and LinkedIn
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
© OMX, source