GE Capital is financing the purchase of on-site compressed natural gas (CNG) fueling stations, the CNG in a Box system developed by GE Oil & Gas and Chesapeake Energy Corp., and the Ozinga Bros. purchase of CNG-fueled trucks, loaders and other equipment powered.
According to a company release, Ozinga will use the majority of the funds to purchase CNG-powered ready-mix concrete trucks and plans to install four CNG in a Box systems to ease the refueling process for its fleet.
GE Capital’s Equipment Finance business will provide the funds needed to acquire and install the CNG in a Box systems.