Clean Energy Fuels Corp. (NASDAQ: CLNE) today announced fueling
has begun at its Valdosta, Ga., and London, Ohio, America’s Natural
Gas Highway stations to serve Raven Transport and Epes’ fleets of
heavy-duty liquefied natural gas (LNG) trucks. An agreement with
PECO, the largest electric and natural gas utility in Pennsylvania,
has also been entered whereby Clean Energy will operate PECO’s CNG
stations throughout the greater-Philadelphia area. Select fueling
agreements were also announced in the transit sector which build on
Clean Energy’s portfolio of natural gas fuel customers across the
country.
Trucking:
Clean Energy Becomes First Company to
Offer Both CNG and LNG in Texas Triangle and Opens Valdosta, Ga.,
and London, Ohio, America’s Natural Gas Highway Stations
●
With the opening of the San Antonio,
Texas, America’s Natural Gas Highway station, Clean Energy opened
the Texas Triangle to natural gas fueling and became the first
company to offer both CNG and LNG for this critical goods movement
corridor.
●
Epes Transport System, Inc., based in
Greensboro, N.C., will deploy heavy-duty natural gas trucks to haul
goods for Lowe’s regional distribution center in Valdosta, Ga.
Lowe’s recently named Epes “Truckload Carrier of the Year” for best
overall service, a distinction Epes continues to strive for,
particularly in helping Lowe’s achieve its stated goal to
transition all regional distribution center dedicated fleets to
natural gas by the end of 2017.
●
This fleet is expected to consume
approximately 250,000 DGEs of LNG per year. This represents a
greenhouse gas reduction of approximately 448 metric tons per year,
the equivalent of removing approximately 90 cars off the road each
year.
“We stand behind the vision of Lowe’s to be an industry leader in
alternative transportation throughout its supply chain.
Cleaner-burning and less expensive natural gas makes sense for our
fleet and we will continue to explore additional opportunities to
deploy natural gas trucks throughout our operations in the eastern
United States,” said Britt Colley, president of Epes.
CLICK HERE FOR IMAGES
Network:
Clean Energy to Operate PECO’s CNG
Stations in Southeastern Pennsylvania
●
Clean Energy will upgrade the equipment at
six existing PECO CNG stations and manage all new and existing
retail sales and fleet accounts. The stations will remain in
operation during the equipment upgrades.
●
PECO will continue to provide natural gas
to the stations and will use these stations for their fleet fueling
needs.
“The agreement with Clean Energy will help us continue to support
and grow the local CNG infrastructure in our region,” said Craig
Adams, president and CEO of PECO.
Transit:
Foothill Transit Awards Clean Energy
Multi-year Operations, Maintenance and Fueling Contract Renewal for
its Two CNG Facilities
●
Longtime Clean Energy customer Foothill
Transit of West Covina, Calif., operates a fleet of 335 compressed
natural gas vehicles.
●
This fleet consumes approximately five
million GGEs of CNG per year at its two fueling facilities which
represents a greenhouse gas emission reduction of approximately
10,535 metric tons, the equivalent of removing 2,175 passenger cars
from the road each year.
●
Clean Energy, in partnership with Foothill
Transit, operates and manages two separate public access stations
serving the communities of Arcadia and Pomona.
“Converting our fleet to alternative fuels has been a top priority
for Foothill Transit. Our 10-year plan is now complete and our CNG
fleet makes cleaner air for everyone a breathable reality,” said
Doran Barnes, executive director of Foothill Transit.
CLICK HERE FOR IMAGES
Regional Transportation Commission of
Southern Nevada Orders Additional Vehicles as it Continues
Transitioning Its Fleet to Natural Gas
●
Regional Transportation Commission (RTC)
ordered 80 new Ford E-450 CNG passenger-lift-equipped vehicles that
will be deployed in 2014 for the RTC's ADA Paratransit service.
●
These Paratransit vehicles are forecasted
to consume approximately 800,000 GGEs of CNG per year once fully
deployed. This represents a greenhouse gas reduction of
approximately 1,686 metric tons per year, the equivalent of taking
348 cars off the road each year.
●
Clean Energy operates and maintains the
two RTC-owned private fueling stations that support the CNG
fleet.
Clean Energy is Awarded Contract to
Design, Build and Operate New Private CNG Fueling Station for City
of Norwalk, Calif., Transit System
●
Norwalk Transit System (NTS) is
transitioning its fleet of 30 vehicles to CNG; with nearly half of
their vehicles currently powered by the cleaner-burning fuel.
●
To maintain NTS’ growing fleet of
compressed natural gas vehicles, Clean Energy will also modify the
fleet’s maintenance facility to be code-compliant for natural gas
vehicle maintenance.
●
The current fleet of 14 NGVs is forecasted
to consume approximately 150,000 GGEs of CNG per year, which would
reduce greenhouse gas emissions by approximately 316 metric tons,
the equivalent of removing 65 cars from the road each year. This
volume is expected to double once the fleet is fully-deployed.
“Cities across America are making the switch to natural gas to fuel
their fleets because it is fiscally responsible and better for the
air we breathe. Norwalk grasped the potential of CNG fuel early on
and we’re happy to be working with Clean Energy to continue our
fleet’s transition to this economical and cleaner-burning fuel,”
said James Parker, director of transportation, City of Norwalk.
CLICK HERE FOR IMAGES
Morongo Basin Transit Authority Awards
Clean Energy CNG Facility Maintenance Contract for Growing
Fleet
●
Serving ten communities, including Joshua
Tree, Twentynine Palms, Yucca Valley, Morongo Valley and Landers,
Calif. the Morongo Basin Transit Authority (MBTA) operates a
growing fleet of 28 compressed natural gas vehicles which fuel at
MBTA’s private CNG fueling station.
●
Converting to an all CNG-powered fleet
makes fiscal sense, even for a small agency like MBTA. The agency
estimates it saves over $300,000 a year over what it would cost if
the fleet was still powered by gas and diesel.
●
This growing fleet consumes approximately
120,000 GGEs of CNG per year, which represents a greenhouse gas
reduction of approximately 253 metric tons.
“Environmental stewardship is a key priority for MBTA, which is why
our entire fleet is powered by CNG. We are proud to do our part in
keeping the desert skies clear for citizens of the Morongo Basin to
enjoy for years to come,” said Joe Meer, general manager at MBTA.
Natural gas fuel costs up to $1.50 less per gallon than gasoline
or diesel, depending on local market conditions. The use of natural
gas fuel not only reduces operating costs for vehicles, but also
reduces greenhouse gas emissions up to 30% in light-duty vehicles
and 23% in medium to heavy-duty vehicles. In addition, nearly all
natural gas consumed in North America is produced domestically.
About Clean Energy Fuels Corp.
Clean Energy Fuels Corp. (Nasdaq: CLNE) is the largest provider
of natural gas fuel for transportation in North America. We build
and operate compressed natural gas (CNG) and liquefied natural gas
(LNG) fueling stations; manufacture CNG and LNG equipment and
technologies for ourselves and other companies; develop renewable
natural gas (RNG) production facilities; and deliver more CNG, LNG
and Redeem RNG fuel than any other company in the U.S. For more
information, visit www.cleanenergyfuels.com.
Forward-Looking Statements
This news release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934 that involve risks,
uncertainties and assumptions, including statements about the
amounts of natural gas fuel expected to be consumed by Epes,
Foothill Transit, RTC, NTS and MBTA, respectively and the benefits
of natural gas as compared to gasoline and diesel. Actual results
and the timing of events could differ materially from those
anticipated in these forward-looking statements as a result of
several factors. The forward-looking statements made herein speak
only as of the date of this press release and, unless otherwise
required by law, the Company undertakes no obligation to publicly
update such forward-looking statements to reflect subsequent events
or circumstances. Additionally, the reports and other documents the
Company files with the SEC (available at www.sec.gov) contain risk
factors, which may cause actual results to differ materially from
the forward-looking statements contained in this news release.
Clean Energy Media Contact:Patric Rayburn,
949-437-1411patric.rayburn@cleanenergyfuels.comorClean Energy
Investor Contact:Tony Kritzer,
949-437-1403tkritzer@cleanenergyfuels.com
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