Clean Energy to Build New CNG Stations for Multiple Transit Agencies and Large School District
August 25 2015 - 6:00AM
Business Wire
Announces Additional Agreements with
Trucking, Refuse and Other Customers; Increases Number of Stations
on America’s Natural Gas Highway
Clean Energy Fuels Corp. (NASDAQ: CLNE) today announced that it
will construct new compressed natural gas (CNG) stations for
Arlington Transit (ART) in Arlington County, Virginia; Nassau
Inter-County Express (NICE) in Long Island, NY; and North Kansas
City (MO) School District, which is set to become the largest
school district in the U.S. to transition its school bus fleet to
CNG.
“Despite lower oil prices, Clean Energy continues to add fueling
partnerships across all our transportation markets,” said Andrew J.
Littlefair, president and CEO of Clean Energy. “No matter if they
are with a school district, municipality or trucking company,
managers of large fleets are looking for a cleaner fuel that
reliably costs less and does not have volatile price swings.
Natural gas continues to meet their needs.”
Additional agreements across transportation market segments of
transit, refuse, trucking and the bulk fuel market were also
announced.
Transit
- NICE has awarded Clean Energy the
contract to design, build and operate and maintain a new CNG
station that will, upon completion, replace its existing Mitchel
Field station, and operate and maintain the existing CNG stations.
The five-year contract valued at just over $13 million will extend
the partnership between NICE and Clean Energy and will support a
fleet of over 200 CNG buses. Clean Energy currently supports
another 100 CNG buses at an additional station and provides a total
of 4.6 million GGEs of CNG annually for the NICE bus fleet.
Completion of the new station is expected for summer 2017.
- Clean Energy has been contracted by
W.M. Schlosser Co. to build a fast-fill CNG station at a new bus
depot being constructed for ART, which will initially deploy 25 new
CNG transit buses that are expected to consume 225,000 DGEs of CNG
a year. ART has plans to grow the fleet to 75 CNG buses.
- The North Kansas City School District
will replace 124 school buses with new CNG buses with an option to
purchase an additional 30 over the next 10 years. Clean Energy will
construct a new station that includes fast-fill and time-fill
fueling options using two Clean Energy Compression (CEC)
compressors as well as modifying a maintenance facility to
facilitate CNG buses. The 15-year contract will be funded through
financing secured by the District and is a joint-partnership
between the North Kansas City School District, Clean Energy and
Midwest Bus Sales, based in Bonner Springs, KS, which will supply
the District’s new CNG school buses. This transition for the
20,000-student School District will begin for the 2016 school year
when the Clean Energy station is scheduled to be operational and is
expected to achieve a cumulative reduction of more than 5,000
metric tons of greenhouse gas emissions over the 10-year span.
- The Regional Transportation Commission
of Southern Nevada (RTC) ordered an additional 80 buses that will
fuel at a Clean Energy operated and maintained station, which is
expected to be an incremental 700,000 DGEs of CNG annually.
Trucking
- Raven Transport has ordered an
additional 20 liquefied natural gas (LNG) trucks to add to their
fleet of 187 LNG trucks fueling with Clean Energy. The new trucks
will fuel at Clean Energy stations in the southeast U.S. and are
expected to consume 420,000 DGEs of LNG annually.
- Clean Energy expanded its fueling
partnership with Dart Trucking as it redeploys 25 CNG trucks to new
Clean Energy stations in Ohio and Missouri. Clean Energy will open
five additional stations for the fleet that is expected to consume
450,000 DGEs a year.
- Bimbo Bakeries, currently fueling a
fleet of CNG trucks at a Clean Energy station in Sacramento, CA,
will deploy nine additional CNG trucks in Pennsylvania that are
expected to consume over 40,000 DGEs a year.
- Manhattan Beer Distributors signed a
new agreement to fuel 20 CNG trucks at multiple Clean Energy
stations in New York, consuming an expected 160,000 DGEs
annually.
- Off Spec Solutions will begin fueling
25 LNG trucks at several Clean Energy stations in the southwest
U.S. and are expected to consume 250,000 DGEs a year.
- Schmidt Liquid Transport will initially
deploy 10 CNG trucks and fuel at the recently opened Clean Energy
station in North Platte, NE. These trucks are expected to consume
180,000 DGEs a year and Schmidt has plans to increase its CNG
fleet.
- Central Freight and Clean Energy
expanded their fueling partnership with an additional 21 trucks
fueling at Clean Energy’s Love Field station in Dallas and are
forecasted to consume 149,000 DGEs of CNG annually.
- Modern Transportation signed a new fuel
agreement that will expand an existing partnership with over 20 CNG
and LNG trucks which are being deployed in Florida, South Carolina,
Texas and Colorado. The new trucks are expected to consume in
excess of 400,000 DGEs of fuel a year.
- Over the last four months, Clean Energy
has expanded its America Natural Gas Highway of truck-friendly
stations with openings in Ocala, FL; Orlando, FL; Atlanta, GA; Eden
NC; Pearl, MS; Knoxville, TX; Midway, FL; Carlisle, PA; Ruther
Glen, VA; Perris, CA, Lake Havasu, AZ; Vandalia, OH; Fort Chiswell,
VA and Kansas City, KS., bringing the total to 19 Clean Energy
stations opened in 2015 which can accommodate a heavy-duty
truck.
Refuse
- Republic Services continues to expand
its already significant partnership with Clean Energy with a recent
operations and maintenance agreement for a station that fuels 75
refuse trucks in Huntington Beach, CA, which are expected to
consume 600,000 DGEs of CNG a year.
- Garden City Sanitation in Santa Clara,
CA, signed an operations and maintenance agreement that will serve
45 refuse trucks that consume 350,000 DGEs a year.
- The City of Spokane, WA, will begin
fueling 20 solid waste trucks at a recently opened CNG station that
was designed and equipped by Clean Energy. The City plans to add
approximately 10 trucks per year with as many as 100 eventually
being fueled at the station. Each truck is expected to consume
11,500 DGEs annually.
Bulk Fuel Sales
- PG&E signed a bulk fuel sales
contract to receive over 500,000 gallons of LNG from Clean Energy’s
Boron plant in July and another 1,000,000 gallons of LNG in August
for a pipeline integrity testing program.
Natural gas fuel costs up to $1.00 less than gasoline or diesel,
depending on local market conditions. The use of natural gas fuel
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 in
North America.
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 numbers of vehicles expected to be deployed,
amounts of natural gas fuel expected to be consumed, station
construction activity for refuse customers in the second half of
2015, the anticipated revenue associated with construction and
completion dates 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 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20150825005437/en/
Clean Energy Media Contact:Jason Johnston,
949-437-1411jason.johnston@cleanenergyfuels.comorClean Energy
Investor Contact:Tony Kritzer,
949-437-1403tkritzer@cleanenergyfuels.com
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