Clean Energy Awarded Multi-Year Extension by DART; Continues to Add Fleets, Extend Agreements and Grow Redeem™ Volumes
August 02 2017 - 06:00AM
Business Wire
LAMTA Commits to Redeem™ RNG with 360
Additional Buses Equipped with Cleanest Engine Technology
Available
Clean Energy Fuels Corp. (Nasdaq: CLNE) announced that Dallas
Area Rapid Transit (DART), one of the country’s largest transit
agencies to move away from diesel to natural gas, has extended
Clean Energy’s operation and maintenance contract for an additional
four years. Clean Energy services DART’s four compressed natural
gas (CNG) facilities supporting 537 buses and 123 shuttles and
paratransit vehicles. These stations are anticipated to dispense
approximately 40 million gasoline gallon equivalents (GGEs) over
the contract period.
On July 27, Los Angeles Metropolitan Transit Authority (LAMTA)
approved the purchase of an additional 65 CNG buses, expanding on a
purchase earlier in July of 295, for a total of 360 new CNG buses.
LAMTA currently operates the largest CNG fleet in the nation with a
total of 2,250 buses, all of which may, at the option of LAMTA, be
fueled by Clean Energy’s Redeem™ brand of renewable natural gas
(RNG) that is the cleanest transportation fuel available rated 70%
cleaner than diesel. These new buses will be fitted with CWI’s
latest L9N engines, which have NOx emissions 90% lower than the
current EPA NOx limit of 0.2 g/bhp-hr.
In addition to these two agreements in the transit market, Santa
Cruz Metropolitan Transit has extended its LNG fueling contract
with Clean Energy, as has Orange County Transportation
Authority.
The Cities of Fresno, California, and Tempe, Arizona, along with
the National Park Service Grand Canyon and Kings County Area Public
Transit in Hanford, California, have each signed operations and
maintenance agreements with Clean Energy for their stations. These
agencies are estimated to dispense close to 6 million GGEs per
year.
In the heavy duty trucking market, Clean Energy added three
large United States Postal Service (USPS) carriers to its customer
list. They include one of the largest USPS carriers, St. Augustine,
Florida-based Postal Fleet Services; Thunder Ridge Transport, a
carrier servicing 13 states; and Edward Zengel & Sons, also
based out of Florida. The addition of these three fleets brings the
total number of USPS carriers fueled by Clean Energy to 13.
Long time Clean Energy customer Ruan Transportation Management
Systems, No. 25 in Transport Topics’ 2017 list of the Top 50
Logistics Companies, has also awarded Clean Energy a fueling
contract for CNG trucks operating out of Dallas and Austin, Texas.
Food Express, a national transporter of food grade commodities,
based out of Arcadia, California, will begin fueling with Clean
Energy for their routes in Southern California.
The addition of these fleets represents approximately 400,000
GGEs per year.
Check out one trucker’s discovery of running greener with
natural gas here.
In the refuse sector, Clean Energy was awarded a contract to
design and build a new station for Patriot Waste, the refuse
provider to Prescott Valley, Arizona. The Cities of Denver;
Sacramento and Redlands, California; and Marborg Industries in
Santa Barbara, California, have also extended fueling agreements
for their transit agencies.
The City of San Bernardino, California, has awarded Clean Energy
a multi-year LNG supply and maintenance contract. The LNG is
converted into CNG for the City’s public fueling station which is
utilized by many neighboring CNG school bus and refuse fleets.
The fueling contracts and maintenance agreements represent
approximately 2.25 million GGEs per year.
See how refuse fleets are benefiting communities across North
America here.
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.
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 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.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170802005491/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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