Serves the Commercial Small Fleet Market of 10 – 50 Vehicles

Westport Innovations Acquires BAF Technologies and ServoTech Engineering

July 3, 2013

Westport Innovations Inc., a company that specializes in natural gas engines and vehicles, announced last week that it has acquired BAF Technologies Inc. (BAF) and its subsidiary ServoTech Engineering Inc. — subsidiaries of Clean Energy Fuels Corp. — for $25 million in Westport stock.

According to Westport, the amalgamation will create the largest product portfolio and largest market presence in the North American light-duty natural gas vehicle (NGV) space. Specifically, Westport secures its position as Ford’s largest partner under the Qualified Vehicle Modifier (QVM) program — with over 10 products and approximately 150 Ford authorized dealerships.

“We welcome the BAF and ServoTech teams to Westport,” said Ian Scott, executive vice president of Westport. “BAF has established a strong portfolio of natural gas vehicle products and customers over the past decade. With natural gas increasingly seen as a major transportation fuel around the world, we believe the combination of this new teams’ market experience and Westport’s technologies, scalable manufacturing processes and quality control systems will help create the type of products needed to deliver an OEM-quality vehicle experience to our customers.”

According to Westport, BAF supports clients with vehicle conversions through the Ford QVM program and aftermarket conversion products, alternative fuel systems, application engineering, service and warranty support. ServoTech offers a total engineering solution from initial concept phase to prototype hardware and final prove-out, including design and development of electronic products, software development, automotive exhaust simulation and testing, and spark-ignition gasoline and diesel emissions technology.

Currently, Westport exclusively installs the natural gas Westport WiNG Power System on the Ford F-250 through F-550 series at its assembly center in Louisville, Ky. This acquisition increases Westport’s product range with the Ford line to include transit, cargo shuttle and taxi vehicles and dedicated natural gas vehicles for markets such as California, according to Westport.

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