Clean Energy Expands North American Fueling Network
July 09 2007 - 8:00AM
Business Wire
Clean Energy (NASDAQ:CLNE), North America�s leader in clean
transportation, has added compressed natural gas (CNG) fueling
services for CNG fleet vehicles operated by UPS, Amador Valley
Industries (a Northern California refuse company), and an advanced
hydrogen/CNG (HCNG) demonstration fueling project in Vancouver, BC.
�Clean Energy keeps thousands of clean-burning, natural gas fleet
vehicles operating across North America every day, and we are
pleased to add these fueling stations to our network,� said Andrew
J. Littlefair, President and CEO, Clean Energy. �We commend these
organizations for their commitment to preserving and enhancing
clean air and environmental quality in their regions.� UPS:
Modernized CNG Fueling Station Serves Atlanta Package Cars Clean
Energy has worked with UPS to modernize the CNG fuel station
currently supporting a fleet of 90 natural gas package cars that
provide delivery service to Atlanta area UPS customers. The fleet
is scheduled to increase to 132 CNG package cars by early 2008. The
Clean Energy-operated facility now features a new compressor and
related infrastructure equipment plus four fast-fill CNG fuel
dispensers. UPS has one of the largest private CNG fleets in the US
with more than 800 CNG vehicles now in use. UPS began its extensive
use of CNG in 1989 to assess its benefits and viability as an
alternative fuel. The company reports that CNG particulate
emissions are 95 percent lower than diesel engines; carbon monoxide
emissions are 75 percent lower; and emissions of nitrogen oxides
are 49 percent lower. Amador Valley Industries: New CNG Fueling
Station Serves CNG Refuse Trucks Clean Energy has opened a new CNG
station under a long-term fueling agreement to supply Pleasanton,
CA-based Amador Valley Industries (AVI) with clean-burning natural
gas for its fleet of CNG-powered refuse collection trucks. Clean
Energy designed, built and maintains the new AVI CNG fuel station,
and sells the fuel. By the end of 2007, AVI plans to operate 20
natural gas refuse trucks (approximately 50% of its fleet) with
some CNG trucks serving Pleasanton, CA, and with dedicated CNG
services for commercial and residential refuse and recycling
services in Dublin, CA. Vancouver BC: Clean Energy Fuels New
Hydrogen/CNG Bus Technology Demonstration Leveraging CNG
Infrastructure to Facilitate Hydrogen Use for Transportation As a
member of the Integrated Waste Hydrogen Utilization Project
(IWHUP), Clean Energy has expanded its existing high-volume CNG
fueling station at TransLink's (Greater Vancouver, BC
Transportation Authority) Port Coquitlam Transit Centre by adding a
new hydrogen station to dispense a blended hydrogen/CNG (HCNG)
fuel. A newly designed dispenser enables a wide range of blends
from 100% CNG to 100% hydrogen. The project utilizes a blend of 20%
hydrogen and 80% CNG, which will not only deliver pollution
reduction benefits similar to those anticipated for pure hydrogen,
but also is compatible with today�s CNG-fueled vehicles. TransLink
has converted two of its CNG-powered public transit buses to run on
HCNG, and has placed them in regular passenger service. TransLink
plans to convert two more CNG buses to HCNG and evaluate all four
in revenue service over the next 18 months. Many believe that the
best and most cost-effective approach to systematically introduce
hydrogen as a fuel for future transportation use is to leverage the
available and growing network of natural gas fueling stations.
Clean Energy continues to demonstrate its leading clean fuel
provider position by designing, building, and operating this
innovative HCNG station. About Clean Energy Clean Energy
(NASDAQ:CLNE), based in Seal Beach, CA, is the leading provider of
natural gas for transportation in North America. It has a broad
customer base in the refuse, transit, shuttle, taxi, intrastate and
interstate trucking, airport and municipal fleet markets, fueling
more than 14,000 vehicles daily at strategic locations across the
United States and Canada. Information at: www.cleanenergyfuels.com.
Safe Harbor Statement This press 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, such as statements
regarding the plans, objectives and future operations of our
customers or future use of hydrogen as a vehicle fuel in
conjunction with current natural gas fueling stations. Actual
results and the timing of events could differ materially from those
anticipated in these forward-looking statements as a result of
several factors. The forward-looking statements made herein speak
only as of the date of this press release and the company
undertakes no obligation to publicly update such forward-looking
statements to reflect subsequent events or circumstances.
Additionally, our May 25, 2007 filing with the SEC (www.sec.gov)
contains risk factors which you should consider before investing.
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