Conestoga Energy Holdings confirms purchase of VicNRG assets
March 15, 2017
| Meghan Sapp
In Kansas, Conestoga Energy Holdings, LLC, announced that it has acquired the assets of VicNRG, a leading marketing, distribution and terminal operating company for biodiesel. The purchase will enable Conestoga and VicNRG to better serve the needs of their customers in the energy and agriculture sectors.
“Our acquisition of VicNRG complements our business model of serving markets that are boutique and unique,” said Tom Willis, Chief Executive Officer of Conestoga Energy Holdings. “This investment represents an important strategic opportunity for us to be a midstream provider of biodiesel marketing and logistics.”
Category: Fuels