Clean Energy to Acquire BAF Technologies

[jenki_putnik]

http://www.greencarcongress.com/2009...-20090924.html

[fquinonez]

Re: Clean Energy to Acquire BAF Technologies

This can be a great thing, or a huge setback for the CNG vehicle market. I just hope that CE uses their near monopoly in California to CARB certify more CNG options.

Another article on the acquisition can be found here:
http://www.ngvglobal.com/clean-energ...0924#more-4403

FQ

[jblue]

Re: Clean Energy to Acquire BAF Technologies

And if you thought that conversions were expensive before ...

ha!

[tomdotstar]

Re: Clean Energy to Acquire BAF Technologies

Of the 8 million CE is paying, it looks like almost half is made up of existing debt that BAF owes CE.

Does this mean that CE is just picking up BAF's assets just because BAF couldn't make it on their own, and CE is just making the best of a bad situation? Or is this some brilliant strategic decision that will allow CE to take over the rest of the world?

[Curtis]

BAF being purchased by CE

In their bid to become the only name in Natural Gas, Clean Energy is set to purchase BAF for just over $8 Million. I guess CE has no competition... only future aquisitions.

[CNGCARS]

Re: Clean Energy to Acquire BAF Technologies

That company is a Monster!!!

[drjeff]

Re: Clean Energy to Acquire BAF Technologies

That company is a Monster!!!

why you say that?

[CNGCARS]

Re: Clean Energy to Acquire BAF Technologies

Because they are buying up everything and anything to do with CNG. Maybe its time to apply for a job over there

[drjeff]

Re: Clean Energy to Acquire BAF Technologies

if they gobble up altech eco and natural drive

then they are truly a monster

wonder it they would ......

[siai47]

Re: Clean Energy to Acquire BAF Technologies

Monster or not, if you are going to make investements in CNG fueling infrastructure, it would be wise to make sure there are vehicles out there that can use that infrastructure. Until the infrastructure is built, it will be hard to get the major automobile manufacturers (on their own--without government intervention) to introduce or re-introduce CNG vehicles. I would be willing to give CE a pass one this one for the time being .

[CraziFuzzy]

Re: Clean Energy to Acquire BAF Technologies

hey, if it gets more CARB certified vehicles on the road, I'm fine with it... only time will tell whether they overprice the cars as much as their fuel...