Westport and BC Gas develop alliance

Guest Contributor
October 2, 2000

Westport Innovations Inc has announced a financing agreement with BC Gas Inc that will see the latter make an $8-million private placement in Westport in return for a minority equity stake. The proceeds will be used to acquire a 32% interest in BCG eFuels Inc, a BC Gas subsidiary which owns compressed natural gas refuelling facilities in BC and Ontario. BCG eFuels aims to become a leading supplier of alternative fuel infrastructure for vehicles and fleets. The agreement forms a key plank in Westport's strategy of becoming a developer of fuel systems that allow diesel engines to run on natural gas, as well as a supplier of the required fuel....


Other News






Events For Leaders in
Science, Tech, Innovation, and Policy


Discuss and learn from those in the know at our virtual and in-person events.



See Upcoming Events










You have 1 free article remaining.
Don't miss out - start your free trial today.

Start your FREE trial    Already a member? Log in






Top

By using this website, you agree to our use of cookies. We use cookies to provide you with a great experience and to help our website run effectively in accordance with our Privacy Policy and Terms of Service.