Clean Energy Completes and Opens 27 Stations Year-to-Date; Signs Multiple Additional Fueling and Station Development Agreements
August 05 2014 - 6:01AM
Business Wire
Clean Energy Fuels Corp. (NASDAQ: CLNE) today announced the
completion and opening of 27 natural gas fueling stations in the
first half of the year, nine of which are truck-friendly America’s
Natural Gas Highway stations. Upgraded equipment and additional
compression capacity have also been added to 10 existing stations
to keep pace with growing natural gas fuel demand. Additional
fueling and station development agreements representative of Clean
Energy’s growing portfolio of natural gas fueling customers were
also announced.
Trucking
Raven Transport to expand fueling
agreement by deploying 33 additional heavy-duty LNG trucks to serve
the Southeast
- To support this growing natural gas
fleet, Clean Energy will open its Albany, Ga., public-access LNG
station. Raven is currently fueling at Clean Energy’s natural gas
fueling stations in Franklin, Ohio; London, Ohio; Walton, Ky.; and
Jacksonville, Fla.
- Once fully deployed, these additional
vehicles are forecasted to consume over 700,000 DGEs of LNG
annually, and are expected to be on the road in December 2014.
G & P Trucking of Gaston, S.C.,
schedules deployment of five heavy-duty natural gas trucks
- This natural gas fleet is expected to
double to 10 trucks by the end of 2014.
- Clean Energy will support this natural
gas fleet by opening its Charlotte, N.C., America’s Natural Gas
Highway station this month. This station in conjunction with Clean
Energy’s Latta, S.C., station bolsters the region’s LNG capability
to serve key goods-movements hubs in the Southeast such as the
South Carolina Ports Authority.“More of our customers are pursuing
natural gas fueling solutions to meet sustainability goals. As
Clean Energy continues to open its natural gas highway you can bet
our trucks will be fueling on it,” said Clifton Parker, president
of G & P Trucking.
Network
Parkway School District in Chesterfield,
Mo., purchases compression equipment and signs repair and
maintenance agreement
- Parkway purchased a compressor and two
fast-fuel CNG dispensers from Clean Energy’s IMW subsidiary to
service the district’s fleet of 30 CNG school buses at its private
compressed natural gas station.
- The station is forecasted to supply
approximately 75,000 DGEs of CNG annually.
- Cost of the CNG station and school
buses was offset by a $1.5 million federal highway grant
administered by the East-West Gateway Council of Governments.“Using
CNG for our buses contributes to the economic and environmental
health of the Parkway School District. To ensure CNG will
consistently support our transportation mission, we have chosen
Clean Energy to maintain our station equipment,” said Scott
Bennett, manager of planning & engineering, Parkway School
District.
City of Ontario, Calif., signs multi-year
repair and maintenance contract
- Ontario’s natural gas station features
both public-access and private fueling facilities. 48 time-fill
posts with 96 fueling points fuel the Ontario-Montclair School
District’s fleet of school buses and the city’s refuse truck fleet.
The private station also includes four fast-fueling points. Two
fast-fueling points are available to the public.
- The station is forecasted to supply
approximately 500,000 GGEs of CNG per year. This represents an
approximate greenhouse gas emissions reduction of 1,054 metric
tons.
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 Raven Transport and G & P Trucking, respectively, the amount
of natural gas expected to be supplied by the stations owned by
Parkway School District and the City of Ontario, 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, the cost and operating experience associated
with natural gas trucks and the operation of the stations owned by
Parkway School District and the City of Ontario. 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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