Jacksonville Transportation Authority Awards Clean Energy $8.1 Million Deal; Additional Fueling Agreements with Clean Energy ...
December 16 2014 - 6:00AM
Business Wire
Clean Energy Fuels Corp., (NASDAQ: CLNE) today announced it will
design, build and operate a compressed natural gas (CNG) fueling
station for the Jacksonville Transportation Authority (JTA). The
deal, valued at $8.1 million, will also include facility
modifications to accommodate the conversion of JTA’s buses from
diesel to CNG. Clean Energy also reported 5,510 additional natural
gas vehicles began fueling throughout Clean Energy’s nationwide
network year-to-date in 2014 which is a 23% increase in vehicles
fueling compared to the same period in 2013. Additional agreements
representative of Clean Energy’s growing portfolio of natural gas
fueling customers were also announced.
Transit
Jacksonville Transportation Authority
Awards Clean Energy Multi-year $8.1 Million Station Design,
Construction and Fueling Deal
- To support JTA’s fleet conversion to
cleaner-burning natural gas buses, Clean Energy will design, build
and maintain a CNG station to support JTA’s conversion of 100 buses
from diesel to CNG. Construction is scheduled to be completed in
late 2015.
- Once fully-deployed, this fleet is
forecasted to consume approximately 1 million DGEs of CNG annually
which represents a greenhouse gas reduction of approximately 2,318
metric tons.
- JTA anticipates saving approximately
$5.7 million over the life of the agreement by switching to natural
gas fuel.
- The facility located at 100 N Myrtle
Ave, Jacksonville, FL, will be publicly accessible for local
fleets.
- Clean Energy’s Facility Modification
team has also been tapped to retrofit JTA’s two maintenance
facilities to accommodate the new CNG fleet.
“The CNG fueling facility is a “win-win-win” for the Authority and
the Jacksonville community,” said JTA Chief Executive Officer
Nathaniel P. Ford Sr. “We will reduce costs, improve the
environment and create opportunities for other fleets to reap the
benefits of CNG.”
Morongo Basin Transit Authority (MBTA)
Renews Clean Energy CNG Facility Maintenance Contract
- MBTA fuels its fleet of 28 CNG vehicles
at MBTA’s two private CNG fueling stations.
Trucking
UPS Continues Deployment of Largest
Liquefied Natural Gas (LNG) Fleet in North America
- Clean Energy opened its Houston Flying
J natural gas station to fuel 10 heavy-duty LNG trucks. The station
is located at 15919 North Freeway, Houston, TX.
- These tractors are expected to consume
approximately 240,000 DGEs of LNG annually under a
previously-announced bulk fueling agreement.
Kroger’s Fred Meyer Stores’ New Natural
Gas Fleet Expected to Consume 1 Million Gallons of LNG Annually
Supplied by Clean Energy
- The first 11 natural gas trucks in Fred
Meyer’s fleet of 40 recently hit the road in Oregon.
- As previously announced, Clean Energy
constructed the private LNG station where this fleet will fuel.
Clean Energy also performed the necessary modifications required to
bring Fred Meyer’s vehicle maintenance facilities into
code-compliance for natural gas trucks.
Kenan Advantage Group (KAG) Begins
Hauling Clean Energy Natural Gas with natural gas trucks in Boron,
Calif.
- KAG commenced hauling LNG from Clean
Energy’s Boron, Calif., plant using 13 LNG-fueled trucks to Clean
Energy’s fueling stations and other customers. The trucks are part
of the additional heavy-duty LNG truck deployment KAG previously
announced.
Norbert Dentressangle to Deploy Seven
CNG Trucks
- Des Moines, IA., based third-party
logistics company Norbert Dentressangle to deploy its first seven
CNG tractors which will haul and fuel throughout Clean Energy’s
public station network in Illinois.
Additional Public Truck-friendly
Stations Recently Opened
- Albany, Ga., opened for Raven
Transport
- Charlotte, N.C., opened for G & P
Trucking
- Carlisle, Pa., opened for
GIANT/MARTIN’S
- West Sacramento, Calif., opened for
Chavez Trucking
- Midland, Texas, opened for Dillon
Transport
The Following Fleets Began Testing with
Clean Energy
- Water Recovery, LLC, of Jacksonville,
Fla., began fueling heavy-duty LNG trucks at Clean Energy’s
Jacksonville public station.
- NorCal Beverage of West Sacramento,
Calif., began fueling heavy-duty LNG trucks at Clean Energy’s West
Sacramento public station.
- Vend Catering Supply of La Mirada,
Calif., expanded its natural gas fleet with additional heavy-duty
CNG trucks fueling at Clean Energy’s public station network in
California.
- Sheehy Mail Contractors, Inc., of
Waterloo, Wis., to expand its heavy natural gas truck fleet by
adding 4 CNG tractors, which will fuel at Clean Energy’s public
station network in New Mexico and Arizona.
Network
Highlights of Clean Energy’s
Infrastructure Development in 2014
- Clean Energy will expand the network of
stations that it owns, operates or supplies to over 535 in 42
states in 2014. Clean Energy will have constructed more CNG
fast-fill, CNG time-fill, LNG and CNG/LNG stations than any other
company in the country. These include:
- 69 stations that were constructed and
completed during the year, including 18 projects where additional
compression capacity was added due to increased demand.
- A net increase of 74 stations were
opened, 25 of which can accommodate heavy-duty trucks.
- The City of Kansas City, MO, opened its
public natural gas station on Dec. 15, 2014 located at 5300
Municipal Ave., to fuel its fleet of more than 265 light-, medium-,
and heavy-duty NGVs with the expectation that this NGV fleet will
grow to more than 400. As previously-announced, this fleet is
forecasted to consume approximately 1 million GGEs of CNG
annually.
- Since Clean Energy’s investment in NG
Advantage to bring the benefits of natural gas fuel to large
industrial and institutional energy users beyond the nation’s
natural gas pipeline, more than 1.5 million GGEs of CNG have been
supplied to NG Advantage customers. By switching from fuel oil to
natural gas, NG Advantage customers have reduced Carbon Dioxide
(CO2) emissions by approximately 3,621 metric tons while reducing
fuel costs by nearly 40 percent. NG Advantage continues to add
customers such as New England-based Hard Drives LLC which is the
7th aggregate materials/paving customer to make the switch to
natural gas.
Natural gas fuel costs up to $1.00 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 vehicles expected to be deployed and
the amount of natural gas fuel expected to be consumed by JTA, UPS,
Fred Meyer Stores and the City of Kansas City, MO, respectively,
the benefits of natural gas relative to gasoline and diesel and
completion of the JTA CNG station. 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 vehicles, 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 Fuels Corp.Media:Patric Rayburn,
949-437-1411patric.rayburn@cleanenergyfuels.comorInvestors:Tony
Kritzer, 949-437-1403tkritzer@cleanenergyfuels.com
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