City of Santa Monica Approves Multi-Year Contract with Clean Energy’s Redeem™; Fuel to Support Deployment of CWI Near-Zer...
June 02 2016 - 6:00AM
Business Wire
Clean Energy Fuels Corp., (NASDAQ:
CLNE) announced that the City of Santa Monica has awarded Clean
Energy a multiyear liquefied natural gas (LNG) contract to fuel its
Big Blue Bus (BBB) fleet of vehicles. The 5-year deal, worth an
estimated $3 million per year, will enable BBB to continue using
Clean Energy’s Redeem™ brand of renewable natural gas (RNG), rated
up to 90 percent cleaner than diesel and considered the cleanest
transportation fuel available. BBB began using Redeem™ by Clean
Energy in January 2015.
BBB, one of the first transit agencies in the nation to contract
for Redeem™, will also become one of the first agencies to
incorporate the new Cummins-Westport 8.9L ISL G Near-Zero 0.02 NOx
engine, the first mid-range engine in North America to receive
emission certifications from both U.S. Environmental Protection
Agency (EPA) and Air Resources Board (ARB) in California that meet
the 0.02 g/bhp-hr optional Near Zero NOx Emissions standards.
Big Blue Bus, which includes 200 natural gas buses, plans to
replace over 100 of their existing bus engines with the new
Near-Zero natural gas engine over a three-year period, making BBB
one of cleanest transit agencies in the nation. When the transition
is complete, BBB is expected to have reduced their NOx emissions by
over 90 percent and their GHG emissions by 8,000 Metric Tons,
annually. Introduced by CWI earlier this year, the new Cummins ISL
G 8.9L Near Zero 0.02 NOx engine is designed for medium-duty truck,
urban bus, school bus and refuse applications and is available on
the market today. Cummins-Westport plans to begin delivering an
11.9L version that is also EPA and ARB certified for the heavy-duty
trucking industry in 2018.
“The City of Santa Monica has a deep commitment to the people
and environment in our community. By combining the environmental
benefits of RNG with the technological advances of this engine, we
are proud to say that we are in fact, one of the cleanest transit
agencies in the nation,” said Ed King, BBB’s Director of
Transit.
The City of Santa Monica is a nationally recognized leader for
its sustainability policies and actions. BBB has progressively
contributed to the City’s sustainability narrative through its use
of alternative fuel and ultimate phasing out of diesel-fueled motor
coaches. Through this commitment, clean burning RNG and the new
0.02 NOx engine will power BBB’s entire fleet.
“Big Blue Bus has always been a leader in sustainability and
with our Redeem™ RNG and the implementation of the new Near-Zero
engine, we are about to witness the future of the transportation
industry and the incredible advances we’ve made in reducing the
impact on the environment,” said Peter Grace, Clean Energy’s senior
vice president for sales and finance.
For more information about the BBB’s Redeem fueling success
story click here.
Clean Energy believes that Redeem™ is the cleanest
transportation fuel commercially available in the U.S. according to
EPA data regarding carbon emissions for transportation fuel.
Redeem™ is a renewable natural gas vehicle fuel, often referred to
as biomethane. It is derived from biogenic methane or biogas, which
is methane that is naturally generated by the decomposition of
organic waste. The methane gas is processed, purified and sent into
the interstate natural gas pipeline and made available exclusively
to Clean Energy customers. Redeem™ biomethane vehicle fuel is
procured from biomethane production facilities, including two owned
and operated by Clean Energy.
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 CNG and LNG fueling stations; manufacture CNG and LNG
equipment and technologies; develop RNG production facilities; and
deliver more CNG and LNG fuel than any other company in the U.S.
Clean Energy also sells Redeem™ RNG fuel and believes it is the
cleanest transportation fuel commercially available, reducing
greenhouse gas emissions by up to 90 percent. For more information,
visit www.CleanEnergyFuels.com.
About Big Blue Bus
Big Blue Bus operates a fleet of nearly 200 vehicles
transporting more than 61,000 passengers daily across a 51-square
mile service area. Nationally recognized for its long-standing
commitment to a cleaner environment, the entire fleet operates on
alternative fuels, including renewable natural gas (RNG) a form of
liquefied and compressed natural gas (LNG/CNG), which helps to cut
emissions by up to 90 percent. Serving Santa Monica and the Los
Angeles area since 1928, Big Blue Bus has won numerous awards for
its marketing, customer service, safety and efficiency.
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 buses expected to be deployed, the
value of Clean Energy’s contract with BBB, the benefits of BBB’s
use of RNG and the Cummins-Westport 8.9L ISL G Near-Zero 0.02 NOx
engine and the availability of Near-Zero 0.02 NOx engines. 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 certification
and other factors affecting engine development and availability.
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.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160602005340/en/
Clean Energy Media Contact:Jason
Johnston949-437-1411jason.johnston@cleanenergyfuels.comorClean
Energy Investor Contact:Tony
Kritzer949-437-1403tkritzer@cleanenergyfuels.comorBig Blue Bus
Media Contact:Suja Lowenthal310-458-1975
x6920Suja.Lowenthal@smgov.net
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