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Clean Air Power Wins Order From Sainsbury's For Genesis Dual-Fuel Product

Mon, 24th Feb 2014 10:52

LONDON (Alliance News) - Clean Air Power Ltd Monday said it has received an order for 50 Genesis-EDGE, Dual-Fuel trucks from Sainsbury's.

The firm did not disclose the financial details of the deal. But it comes just weeks after Clean Air received an order for 19 trucks from an unnamed distribution company in the UK for GBP500,000.

The trucks will be fitted with Clean Air Power's Genesis-EDGE system at its facility in Leyland, UK and delivered to Sainsbury's in the first half of the year.

The vehicles will form part of Sainsbury's large UK distribution fleet which already includes 49 Clean Air Power Genesis-EDGE trucks and eight methane diesel installations following orders placed during 2012 and 2013.

The stock was trading at 9.40 pence Monday morning, up 0.65 pence or 7.4%.

By Anthony Tshibangu; anthonytshibangu@alliancenews.com; @AnthonyAllNews

Copyright © 2014 Alliance News Limited. All Rights Reserved.

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