Clean Energy to Open Carlisle, Penn., Public Heavy-duty Truck Station; Adds 43 New Fleet Customers in Q3 & Signs Multiple Fue...
October 22 2014 - 6:01AM
Business Wire
Clean Energy Fuels Corp., (NASDAQ: CLNE) today announced it will
open its Carlisle, Penn., heavy-duty natural gas truck station to
fuel LNG trucks for GIANT/MARTIN’S, the large grocery retailer.
Additionally, 43 new fleet customers began fueling at Clean
Energy’s nationwide network of natural gas stations in the
third-quarter of 2014. Select deals representative of Clean
Energy’s growing portfolio of natural gas fueling customers were
also announced.
Trucking
GIANT/MARTIN’S Begins Heavy-duty LNG Truck
Pilot Program
- To support this pilot program, Clean
Energy will open its Carlisle, Penn., public truck-friendly natural
gas station.
- The station is located at the Carlisle
Flying J, 1501 Harrisburg Pike, Carlisle, PA.
Clean Harbors Signs Multi-year Fueling
Agreement
- Clean Harbors, Inc. plans to deploy CNG
and LNG heavy-duty natural gas trucks operating in Calif., and
Texas.
- The new fleet will fuel at Clean
Energy’s public natural gas fueling network and is forecasted to
consume nearly 180,000 DGEs annually.
Refuse
Clean Energy to Design, Build, Operate and
Maintain Private Time-fill CNG Station for Salt Lake County,
Utah
- Salt Lake County plans to fuel 25 new
CNG refuse trucks once the station is operational, which is
expected by mid-2015. This fleet is forecasted to double to 50
trucks and consume approximately 500,000 GGEs of CNG annually once
fully-deployed.
- Once all 50 trucks are in service, the
County anticipates annual fuel savings of approximately $900,000
compared to current diesel costs as well as a reduction of 1,053
metric tons of greenhouse gases.
- The new station marks Clean Energy’s
expansion into Utah and will feature a redundant compression system
designed to fuel 50 trucks. Clean Energy will support this station
by opening a new parts warehouse in Salt Lake County as well as
hiring a full-time station technician for the area.
“Improving our air quality is a year-round
job. Using CNG helps to make our air cleaner and our community
healthier for families living in Salt Lake County.” - Ben McAdams,
Mayor, Salt Lake County, Utah.
“Prudent fiscal and environmental stewardship
of Salt Lake County are paramount concerns for the department.
Clean Energy was selected to help us with this stewardship based on
their experience and innovative service and support plan. We look
forward to working with them as we begin implementing our on-site
CNG fueling program.” - Greg Nuzman, fleet division manager, Salt
Lake County, Utah.
The Town of Islip, N.Y., Breaks Ground on
a New Public-access Natural Gas Fueling Station
- Effective January 1, 2015, the Town of
Islip will enforce a mandate requiring all refuse trucks servicing
the Town’s new residential solid waste and recycling contract be
new trucks and operate on CNG.
- The Town of Islip is the fourth town on
Long Island to mandate such clean-air and economic initiatives.
Clean Energy built, owns and operates the three existing natural
gas fueling stations serving the Towns of Smithtown, Brookhaven and
Huntington on Long Island, N.Y. This week’s ground breaking marks
the fourth such station Clean Energy will build and operate. Once
the new Islip station is operational, over 200 refuse trucks will
be fueling with Clean Energy natural gas on Long Island.
- Their estimated 50 new natural gas
refuse trucks are forecasted to consume approximately 500,000 DGEs
of CNG annually while serving the Town of Islip.
Transit
Valley Regional Transit (VRT) Signs
Multi-year Repair and Maintenance Contract
- VRT’s private natural gas station
currently serves 38 transit and paratransit natural gas buses which
consume approximately 300,000 GGE of CNG per year.
- VRT’s total bus fleet currently
consists of 62 units, of which 54 are fueled by CNG. It is
anticipated that the entire fleet will be converted to CNG by
2018.
Network
Clean Energy unveils new
CleanEnergyFuels.com website showcasing suite of natural
gas fueling services and interactive tools
- Easy-to-navigate and visually appealing
sections feature new information about the benefits of natural gas
fuel and Clean Energy for customers and others.
- A new and improved Natural Gas Station
Locator offers the ability to quickly locate CNG, LNG and RNG
stations within any radius of the user’s location. One-click access
to share travel details or station information is also possible, as
well as the ability to route multi-stop trips across North America
supported by Clean Energy’s growing natural gas station network.
Look for the iPhone station locator mobile app to debut in November
2014.
- Interactive Fuel Cost Savings
Calculator estimates the fuel cost savings possible by converting a
fleet of any size to natural gas.
- Clean Energy’s blog offers insights,
resources and trends shaping the road ahead for natural gas fuel
for transportation. Natural gas fueling trends, advances in fueling
technologies and NGV case studies spotlighting fleets operating
cost-saving and cleaner natural gas vehicles are posted regularly.
Click here to subscribe.
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
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 Clean
Harbors, Salt Lake County and refuse trucks servicing the City of
Islip, 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, the cost and operating experience associated with natural
gas trucks, and permitting and other factors affecting
construction. 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
Clean Energy Fuels (NASDAQ:CLNE)
Historical Stock Chart
From Mar 2024 to Apr 2024
Clean Energy Fuels (NASDAQ:CLNE)
Historical Stock Chart
From Apr 2023 to Apr 2024