Clean Energy to Double CNG Capacity for Saddle Creek Heavy-duty Truck Station & Opens Two More America’s Natural Gas Highwa...
July 10 2014 - 6:01AM
Business Wire
Clean Energy Fuels Corp. (NASDAQ: CLNE) today announced plans to
double the CNG station capacity at Saddle Creek Transportation’s
natural gas station in Lakeland, Fla., where an additional 25
heavy-duty natural gas trucks are expected to fuel. Additional
fueling agreements recently signed have resulted in the
construction of new natural gas stations to support Clean Energy’s
growing portfolio of natural gas fuel customers in the heavy-duty
trucking, ready-mix and transit market segments.
Trucking
Saddle Creek Logistics Services Expands CNG Station Capacity
for Growing Heavy-duty Natural Gas Truck Fleet
- Clean Energy will double Saddle Creek’s
existing CNG station capacity in Lakeland, Fla., with two
additional 300-Horsepower compressors and 55 additional new
time-fill fueling points.
- Saddle Creek plans to add 25 heavy-duty
CNG Freightliner 12-Liter Cascadia tractors to its existing fleet
of 150 to meet increased customer demand for CNG-fueled logistics.
The additional vehicles are forecasted to consume approximately
400,000 DGEs of CNG annually and are scheduled to be deployed in
October 2014 once the station capacity has been increased.
- Clean Energy will continue to operate
and maintain the station, which it initially built for Saddle Creek
in 2011.
“Our natural gas trucks—now on their fifth-generation—are an
integral part of our logistics offering. Our fleet currently has
over 24 million miles using Natural Gas. Our customers recognize
the importance of sustainability in their supply chain and the
value in moving goods with natural gas. We are expanding our
fueling capacity to meet this rising demand.” Michael DelBovo,
president, Saddle Creek Transportation
Two America’s Natural Gas Highway Stations Open
- Under previously-announced fueling
agreements, Raven Transport has begun fueling at the Walton, Ky.,
station, and NFI hauling for Lowe’s has begun fueling at the
Sulphur Springs, Texas, station.
Ready-mix
Schwarz Ready Mix Contracts with Clean Energy to Build
Private CNG Fueling Station
- A fleet of 16 heavy-duty day cab
tractors are scheduled to replace old diesel trucks and begin
fueling once the station is completed, which is scheduled for the
fourth quarter of 2014. 14 CNG ready-mix concrete trucks are
expected to be added shortly thereafter as Schwarz continues to
replace its old diesel fleet with natural gas trucks.
- The station will use a General Electric
CNG in a Box system, 20 time-fill fueling points and one
fast-fueling point.
- Once fully-deployed, the fleet is
forecasted to consume approximately 828,000 DGEs of CNG annually,
roughly the equivalent of taking 400 cars off the road.
“Using a more economical and American fuel for our fleet made
the decision to transition to natural gas an easy one. We
appreciate our strong partnership with Clean Energy that helped to
make this transition seamless.” Philip Schwarz, president, Schwarz
Ready Mix
Transit
Paratransit Inc., of Sacramento, Calif., to Convert Fleet to
CNG; Signs Fueling and Station Construction Deal
- Second-largest paratransit provider in
California signs station design, construction, operation and
maintenance agreement with Clean Energy. Approximately 60 Ford
E-350 and E-450 paratransit CNG buses are anticipated to begin
fueling once the station is operational in the second quarter of
2015. Paratransit intends to transition its entire fleet of 180
vehicles to natural gas.
- The new station will be located at 7141
Woodbine Ave., in Sacramento; it will be open to the public and
feature two fast-fueling dispensers with four fueling points.
- Once fully-deployed, this fleet is
forecasted to consume approximately 1,000,000 GGEs of CNG each
year, the equivalent of taking approximately 480 cars off the
road.
“Paratransit Inc. is a private non-profit corporation, dedicated
to creating transit options for individuals in need, allowing them
the freedom to live their lives. Our transition to natural gas is
not only the more sustainable choice, but it allows us to keep our
costs low which translates directly to our riders.” Linda Deavens,
chief executive officer, Paratransit, Inc.
Kings County Area Public Transit Agency Signs Multi-year
Repair and Maintenance Agreement
- Clean Energy will be responsible for
the repair and maintenance of Kings County’s private CNG fueling
station.
“Serving our riders each and every day without interruption is
priority-one for our team. Working with Clean Energy gives us the
confidence that our fleet will be able to meet this goal for years
to come.” Angie Dow, executive director, Kings County Area Public
Transit Agency
Network
Third Public CNG Station Serving Los Angeles International
Airport (LAX) and Community Opens
- Clean Energy built and will operate a
public CNG station for Aviation CNG, L.L.C., located at 9131
Aviation Blvd., Inglewood, CA.
- The station features four fast-fueling
dispensers with eight fueling points and will help meet the
continued growth in CNG demand in Los Angeles. Collectively, the
three stations serving LAX and the surrounding area are the highest
volume CNG stations in Clean Energy’s nationwide network.
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.
The Road Ahead
An insider’s look at what this means for the Alternative Fuel
Industry from Clean Energy’s President and CEO, Andrew J.
Littlefair:
Saddle Creek’s award-winning natural gas fleet innovation and
logistics success has challenged old assumptions about heavy-duty
natural gas truck fueling. We began the journey with Mike and his
team in 2011 when we built their first CNG station and followed
with excitement as they made their recent historic cross-country
haul—fueling at many of our public stations along the way. We’re
eager to help Saddle Creek continue its adoption of natural gas for
transportation as they expand their station and natural gas truck
fleet.
About Clean Energy Fuels Corp.
Clean Energy Fuels Corp. (Nasdaq: CLNE) is the leading 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 without limitation
statements about the number of trucks expected to be deployed and
the amount of natural gas fuel expected to be consumed by Saddle
Creek, Schwartz Ready Mix and Paratransit, and the benefits of
natural gas relative 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,
including without limitation the price of natural gas relative to
gasoline and diesel, and the cost and operating experience
associated with natural gas trucks. 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
Rayburn949-437-1411patric.rayburn@cleanenergyfuels.comorClean
Energy Investor Contact:Tony
Kritzer949-437-1403tkritzer@cleanenergyfuels.com
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