Allied Energy, a Texas-based independent energy producer focused on hydrocarbon production and well-site optimization, is proud to announce the execution of a Memorandum of Understanding (MOU) with Green Rain Energy Holdings, a clean energy infrastructure developer, to supply natural gas for EV charging station deployment across Texas and other high-growth U.S. markets.
The agreement marks a bold step in bridging traditional energy with the future of electrified transportation, allowing Allied Energy Corporation to monetize a broad spectrum of energy resources to help power the next generation of high-speed charging networks.
“This is where energy/oil field innovation meets clean energy execution,” said George Monteith, President of Allied Energy Corporation. “We're taking energy resources that are often wasted, stranded, or underutilized and turning them into revenue-producing power for EV infrastructure. That’s a win for Texas, a win for decarbonization, and a win for investors.”
Texas leads the U.S. in both oil & gas production and energy transition investment. According to the U.S. Department of Energy, Texas is eligible for over $400 million in NEVI funding to expand electric vehicle infrastructure across interstate corridors and underserved areas.
With more than 1 million EVs projected to hit Texas roads by 2030, and the state facing ongoing grid constraints, there is a growing need for off-grid, localized power generation to support fast-charging infrastructure. This MOU positions Allied Energy Corporation to become a key energy supplier for those systems.
MOU Highlights: Natural Gas to Power EV Corridors
Under the agreement, Green Rain Energy Holdings will identify priority charging station corridors, and Allied Energy Corporation will:
- Conduct gas composition testing, where required (BTU, methane content, impurities)
- Negotiate surface rights & Energy leases for micro-generation integration
- Provide quarterly reports on Energy quality and Energy output from all sources.
The Energy resources will fuel small-scale turbine or generator units that power Level 3 DC fast chargers—bypassing lengthy grid interconnect timelines and enabling rapid deployment in key areas, such as West Texas, the I-35 corridor, and along I-10.
This model allows Allied Energy Corporation to:
- Generate new recurring revenue from all energy sources
- Participate in the rapidly growing $120B+ EV charging market (Fortune Business Insights, 2024)
- Provide a cleaner alternative to diesel-based mobile charging units
- Support Texas’s dual mandate of energy independence and carbon reduction
“We're transforming how to use energy resources to create value,” Monteith added. “And we're doing it in a way that aligns with infrastructure funding, clean air goals, and decentralized energy strategies.”
The MOU is effective for 120 days and is expected to result in a definitive Energy Purchase and Sales Agreement (EPSA) upon commencement of site development.
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