(Reuters) - General Electric Co (GE) reached a deal to sell equipment to Clean Energy Fuels Corp (CLNE), which is building out a series of liquefied natural gas fueling stations for U.S. truckers.
The largest U.S. conglomerate sees liquefied natural gas equipment as becoming a $1 billion market over the next five years, said Mike Hosford, general manager of unconventional resources for GE Oil & Gas.
Clean Energy, which counts T. Boone Pickens as its largest investor, agreed to buy two GE-made MicroLNG plants to provide liquefied natural gas for a network of 70 natural gas fueling stations it is opening at truck stops along U.S. interstate highways this year, the company said in a statement released on Tuesday...
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