Clean Energy Opens “Gateway to the West” for Seaboard Heavy-duty CNG Truck Fleet; Opens First-of-its-Kind CNG Station wit...
July 16 2014 - 6:01AM
Business Wire
Clean Energy Fuels Corp., (NASDAQ: CLNE) today opened its
Albuquerque, N.M., and Winslow, Ariz., America’s Natural Gas
Highway stations to fuel additional heavy-duty CNG trucks deployed
by Seaboard Transport. Clean Energy also opened the
first-of-its-kind natural gas fueling station with NG Advantage,
L.L.C., to serve manufacturing facilities and other large,
energy-intensive customers who do not have access to the region’s
natural gas pipeline.
Trucking
Seaboard Transport Deploys 58 Heavy-duty
CNG Trucks Fueling with Clean Energy in Nine States
- Under the fueling agreement, Clean
Energy will open its Albuquerque, N.M., and Winslow, Ariz.,
America’s Natural Gas Highway stations. Additionally, Seaboard
Transport will fuel at Clean Energy’s public natural gas station
network in Calif., Ariz., N.M., Colo., Texas, Ill., Ind., Ohio and
Va. Natural gas fueling for heavy-duty trucks is now possible from
Columbus, Ohio, to Los Angeles, Calif.
- The fleet will haul food goods for
Seaboard Foods to customers and ports throughout the United
States.
- Once fully-deployed, the fleet is
forecasted to consume approximately 892,000 diesel gallon
equivalents (DGEs) annually. This represents a greenhouse gas
reduction of approximately 2,067 metric tons.“Thanks to our fueling
agreement with Clean Energy and their commitment to CNG stations
along I-40, our first CNG-powered truck recently crossed into
California originating from our Oklahoma processing plant. Now we
have a gateway to the West for our CNG fleet,” said Gary Ruettgers,
Seaboard Transport operations manager.
Texas Commission on Environmental Quality
(TCEQ) Awards Clean Energy $3.6 Million to Expand Natural Gas
Fueling Infrastructure in Texas
- Clean Energy was awarded nine grants
totaling $3.6 million for station construction and natural gas
fueling infrastructure development.
- TCEQ grant funds underscore the
significance Texas has placed on the continued growth of the Lone
Star State’s natural gas fueling infrastructure.
Network
Clean Energy Opens First-of-its-Kind
Station with NG Advantage to Bring Natural Gas to Manufacturing and
Other Energy-intensive Users Beyond a Natural Gas Pipeline
- This unique CNG station in Pembroke,
N.H., located at 10 Cooperative Way, Pembroke, N.H., is expected to
provide a minimum of 10 million gasoline gallon equivalents (GGEs)
of CNG per year to NG Advantage and fleet vehicles fueling at the
station.
- The CNG will be delivered to NG
Advantage customers by a “virtual pipeline” consisting of a fleet
of high-tech tractor trailers. The volume of CNG supplied by this
station is forecasted to be approximately double the CNG fuel
volume currently supplied by Clean Energy’s highest-volume CNG
station.
- As previously announced, NG Advantage
and Clean Energy signed a 10-year fueling agreement to help expand
NG Advantage’s reach to American manufacturers and other large
institutions who do not have access to the nation’s natural gas
pipeline.
- By using natural gas, NG Advantage’s
customers are expected to reduce carbon-dioxide emissions by up to
26 percent while cutting fuel costs by over 30 percent as compared
to propane or oil alternatives.“We saw a clear opportunity to serve
energy-intensive customers such as hospitals, educational
institutions and manufacturing facilities with a cleaner and
less-expensive fuel,” said Tom Evslin, Founder and CEO of NG
Advantage. “The competitive advantage natural gas fuel brings to
our customers is apparent. Our business is growing, and working
with Clean Energy ensures we have the most experienced counterpart
at all steps of the natural gas fueling process.”
About Clean Energy
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 Seaboard Transport, NG Advantage and fleet vehicles fueling at
the Pembroke, NH station, respectively, 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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