Clean Energy Is Awarded $3.6 Million MSRC Grant to Help Fund Nine New Natural Gas Fueling Stations in Southern California
July 17 2008 - 8:30AM
Business Wire
The Mobile Source Air Pollution Reduction Review Committee (MSRC)
and the South Coast Air Quality Management District (SCAQMD)
recently approved grant awards of $3.6 million to Clean Energy
Fuels Corp. (Nasdaq:CLNE) to help defray the cost of expanding the
Southern California network of natural gas fueling stations with
nine new stations. In addition, SCAQMD announced grant awards
totaling $7.7 million to assist a group of Clean Energy�s customer
companies with the purchase of clean-burning natural-gas powered
heavy-duty fleet trucks, full-size buses and taxis. �These natural
gas infrastructure development and vehicle acquisition awards will
result in significant air quality benefits as harmful emissions are
reduced throughout the South Coast Air Basin,� said Andrew
Littlefair, Clean Energy President and CEO. �The grants to Clean
Energy will help us add nine new LNG and CNG public and private
fuel stations to our existing network, in locations stretching from
West Los Angeles, Fontana, Norwalk and Burbank to the Port of Long
Beach and the Ontario and Palm Springs international airports,� he
said. As a service to its clients, Clean Energy�s in-house Grants
Department provides assistance with identifying, applying for and
securing grant funding. Over time, Grants Department efforts have
helped secure more than $107 million in funding for Clean Energy
and its customers. Included in the recent grant awards, announced
at the agency�s July 11th board meeting, was an individual award
for $5.1 million to a Clean Energy customer to assist in the
purchase of a new fleet of 100 LNG Class 8 heavy-duty trucks to
transport goods throughout Southern California. This is the largest
single SCAQMD Carl Moyer grant ever awarded. The Carl Moyer
Memorial Air Quality Standards Attainment (Carl Moyer) Program is
funded each year by the State Legislature and is administered by
each local Air Quality Management District in California. The
purpose of the program is to reduce diesel emissions statewide by
providing grants for the incremental cost of cleaner heavy-duty
vehicles and equipment. Also in this round of funding, awards of
grants totaling $2.375 million were made for use by Clean Energy
fleet customers for the procurement and deployment of CNG-powered
full-size airport buses, refuse trucks and taxis. Clean Energy
(Nasdaq:CLNE) is the leading provider of natural gas (CNG and LNG)
for transportation in North America. It has a broad customer base
in the refuse, transit, ports, shuttle, taxi, trucking, airport and
municipal fleet markets, fueling more than 14,000 vehicles daily at
strategic locations across the United States and Canada. Clean
Energy del Peru, Clean Energy�s Peruvian joint venture, operates
the world�s largest natural gas vehicle fueling station in Lima,
Peru. Information at: 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. Actual results and the timing
of events could differ materially from those anticipated in these
forward-looking statements, including the number of natural gas
fueling stations built with the grant proceeds. 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.
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