July 25, 2018
Westport Fuel Systems Inc. today announced that it has completed the sale of its compressed natural gas compressor business to Snam S.p.A., a leading European gas utility company, for total proceeds of 12.3 million Euro, net of a 500,000 Euro holdback to be released upon fulfillment of an independent audit process to be completed within 30 business days.Find out more
May 17, 2018
Westport Fuel Systems Inc. today announced that it has entered into an agreement to sell its compressed natural gascompressor business based in Cherasco, Italy to Snam S.p.A., a leading European gas utility company, for a cash purchase price of 12.5 million Euro, subject to certain customary adjustments and closing conditions.Find out more
Delivers Positive Adjusted EBITDA, Updates Revenue Guidance
Westport Fuel Systems Inc. announced today that it will disclose its financial results for the third quarter ended September 30, 2018 on Thursday, November 8, 2018 after market close.
Cummins Westport Inc. is pleased to announce that an independent third-party study on the Cummins Westport ISX12N 400 hp natural gas engine has demonstrated that the engine meets and exceeds California Air Resources Board’s optional Low NOx standard of 0.02 g/bhp-hr.
Westport Fuel Systems Inc.announced today that it has entered into definitive development and supply agreements with Weichai Westport Inc. to develop, market, and commercialize a heavy-duty, natural gas engine featuring the Westport HPDI 2.0™ technology, based on one of Weichai Power Co., Ltd.’s heavy-duty engine platforms.
Delivers Positive Adjusted EBITDA