Clean Energy’s Compression Division Sells Sixteen Compressors to Seranco, S.A. for Three Madrid Transit Agency CNG Stations
July 24 2017 - 9:19AM
Business Wire
Deal Comes as European Cities Address
Growing Crisis Created by Diesel
Clean Energy Fuels Corp. (Nasdaq: CLNE) announced today that its
Compression unit has signed an agreement with Seranco, S.A. for 16
Clean Energy CleanCNG 2.0 300HP compressors at three Empresa
Municipal de Madrid (EMT) fueling facilities throughout the
city.
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Currently EMT operates approximately 2000 buses which includes
500 that are fueled with CNG. Last month, EMT and the City Council
of Madrid approved the purchase of an additional 200 CNG buses in
2017, to go along with the purchase of 400 made in 2016. The
transit agency has a goal of making their entire fleet “clean” by
2019. EMT announced it would continue to purchase CNG buses because
they reduce pollutant emissions by 70 percent in relation to diesel
– and complies with the strictest European emission
regulations.
In December, the city of Madrid joined Paris, Athens and Mexico
City in laying out plans to ban diesel from their cities by the
year 2025. Madrid already plans to ban cars from 500 acres of its
city center by 2020.
“We are proud to perform this project, this will be the first
step to improve the air quality of Madrid City in the next years.
We hope many other cities will join this process increasing their
commitment with the environment,” said Santiago Garrido, CEO of Gas
& Go.
“Madrid is just one of a number of cities across Europe and
around the world which are taking steps to clean up their air that
has become a significant health issue for its citizens, largely
caused by the use of diesel,” said Frank Meyer, president of Clean
Energy Compression. “We are proud to partner with Seranco to expand
EMT’s use of their CNG fleet which is one of the best and quickest
ways to address harmful smog.”
Clean Energy Compression is a pioneer in oil-free compression in
cylinders and pistons, providing clean gas to the system while
protecting the environment by minimizing the amount of lubricant
used and keeping the storage capacity constant. Besides the
robustness and high reliability of CEC products, the basis of its
strength at all points of coverage, is the great experience in
manufacturing and maintenance of equipment for CNG.
About Clean Energy
Clean Energy Fuels Corp. is the leading provider of natural gas
fuel for transportation in North America. We build and operate CNG
and LNG vehicle fueling stations; manufacture CNG and LNG equipment
and technologies; and deliver more CNG and LNG vehicle 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
70%. For more information, visit www.CleanEnergyFuels.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20170724005686/en/
Clean EnergyJason Johnston - Media+1 949 437
1411jason.johnston@cleanenergyfuels.comorClean EnergyTony Kritzer -
Investors+1 949 437 1403tkritzer@cleanenergyfuels.com
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