Clean Energy Fuels Corp. (Nasdaq: CLNE) announced that
Brookhaven, NY, a municipality that moved away from diesel to
compressed natural gas (CNG) 10 years ago, has extended Clean
Energy’s contract for another five years. Brookhaven is taking its
sustainability efforts to a new level by becoming Clean Energy’s
first customer in New York to move to Redeem™ renewable natural gas
(RNG), the cleanest fueling option available, with an expected
volume of 550,000 gasoline gallon equivalents (GGEs) annually to
power 80 new refuse and recycling trucks. Clean Energy began its
relationship with the Long Island community in 2008 when it
designed, built, and began operating the natural gas truck fueling
station that serves Brookhaven, one of the most densely populated
areas in the country.
Three California municipalities have awarded new multi-year
contracts to Clean Energy. This includes liquefied natural gas
(LNG) supply and maintenance services for both the City of Redlands
and the City of San Bernardino. The total expected volume from
these two municipal stations is over 800,000 GGEs per year.
Additionally, the City of Beverly Hills has signed a 5-year RNG
supply contract for its private time fill station that fuels an
expanding refuse fleet.
In Bellefonte, PA, Clean Energy has doubled its fueling
station’s volume annually. Rev Hoopes Trucking plans to fuel its
CNG tractors with an expected 240,000 GGEs total volume annually.
Advanced Disposal, which owns and operates the landfill and the
Centre County Recycling & Refuse Authority (CCRRA), which owns
and operates the Transfer Station, has mandated that CNG transfer
tractors be used to transport waste and recyclables between the two
locations.
Blue Diamond Disposal added seven new CNG trucks to its station
in Mt. Arlington, NJ, bringing the total fleet to 45 refuse trucks.
The additional annual volume is expected to be 70,000 GGEs.
TFC Recycling, one of the largest area haulers in the
Mid-Atlantic region, has continued to grow its CNG operation over
the years. The company chose to renew its maintenance agreement and
has plans to expand into new markets, relying on Clean Energy
station operations as an integral part of its strategy.
Growth in Fleet Services
Atlantic County Utilities Authority also added seven new CNG
trucks to its station in Egg Harbor Township, NJ. The additional
annual volume is expected to be an estimated 84,000 GGEs.
Long-term Clean Energy customer Tidewater Fiber Corporation in
Virginia extended its maintenance service agreement. Its trucks are
expected to consume 600,000 GGEs annually.
New in Transit
Clean Energy has inked a multi-year contract to supply Redeem to
the North County Transit District, which operates public transit
service throughout North San Diego County. The agency has 163
buses, two CNG fueling stations, and uses approximately 1.5 million
GGEs annually.
In Redondo Beach, California, Clean Energy won a contract to
design, build, operate, and maintain a CNG station that consumes
150,000 GGEs annually to power 30 CNG vehicles. In other new
business, The Victor Valley Transit Authority, also in California,
has signed an LNG supply agreement for its Barstow station for over
400,000 GGEs of Redeem annually to fuel its 60 buses.
Southwest Transportation Agency, a California joint powers
authority that operates a fleet of 100 school buses, signed a new
3-year LNG supply agreement and extended its existing maintenance
agreement with Clean Energy. Expected volume of Redeem is 250,000
GGEs annually.
Advancements in Transit
The Orange County Transportation Authority in California has
renewed its maintenance contract with Clean Energy for its Irvine
Sand Canyon facility, which fuels more than 150 buses consuming
over 1.5 million GGEs of Redeem annually. Longtime Clean Energy
customer, the City of Phoenix has renewed its LNG supply agreement
for three sites, totaling over 5 million GGEs of Redeem annually to
fuel nearly 500 LNG and CNG buses.
The City of Culver City, which operates CNG public transit,
refuse, and other municipal fleet vehicles at its station, signed
with Clean Energy to provide over 700,000 GGEs of Redeem annually.
Clean Energy also made modifications to the Culver City station,
upgrading its compressors.
“Cities are seeking ways to improve the environmental impact of
their vehicles and shield themselves from volatile diesel prices,”
said Chad Lindholm, vice president, Clean Energy. “RNG, the
cleanest fuel available today, is the logical choice of municipal
fleets from a variety of geographic regions and markets.”
About Clean Energy
Clean Energy Fuels Corp. is the leading provider of natural gas
fuel and renewable natural gas (RNG) fuel for transportation in
North America. We build and operate compressed natural gas (CNG)
and liquefied natural gas (LNG) stations and deliver more CNG, LNG
and RNG vehicle fuel than any other company in the United States.
Clean Energy sells Redeem RNG fuel and believes it is the cleanest
transportation fuel commercially available, reducing greenhouse gas
emissions by up to 70 percent. 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 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, and the cost and operating experience associated with
natural gas vehicles. 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: https://www.businesswire.com/news/home/20180710005309/en/
Clean Energy Contact:Raleigh Gerber,
949-437-1397raleigh.gerber@cleanenergyfuels.com
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