Posted By: NGA | Wed, 05/10/2017 - 10:38 | 0
For Immediate Release
NG Advantage LLC
802 760-1167 x 514 (o)
802 399-8081 (c)
Michael Holt Joins NG Advantage as Director of Business Development
Colchester, VT, May 9, 2017: NG Advantage LLC, which is majority-owned by Clean Energy Fuels (NASDAQ: CLNE), announced that Michael Holt has joined its sales team as Director of Business Development. He is responsible for cultivating and closing new opportunities and nurturing existent relationships with midstream and downstream customers.
“We are delighted to have Michael join NG Advantage,” commented Rico Biasetti, CEO of NG Advantage. “He brings a wealth of experience and industry knowledge and will be an invaluable addition to our team of seasoned professionals.”
Prior to joining the NG Advantage team, Holt held various managerial positions with Direct Energy, Hess Corporation, Yankee Gas Service Company, Pace Global Energy Services, and Dominion Resources, Inc. (Virginia Power Energy Marketing). He started his career with 9 years at Cargill, where he served customers in European, North African, Asian, and American markets. His entire 30-year career has involved physical commodity trading and finding innovative ways to match supply with demand.
Holt brings more than 16 years of diverse experience in the energy industry including transaction structuring, origination, trading, physical option valuation, asset optimization, risk management and utility planning. He received his Bachelor of Science in Agricultural Economics from Ohio State University and earned his Master of Business Administration in Finance from the Fogelman College of Business and Economics at the University of Memphis.
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 one of the largest “virtual pipeline” trailer fleets 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.