Central Jersey Waste Contracts with Clean Energy for Natural Gas Fueling
December 16 2008 - 8:00AM
Business Wire
Clean Energy Fuels Corp. (Nasdaq:CLNE) has been awarded a five-year
contract with a five-year option for compressed natural gas (CNG)
fueling services by Central Jersey Waste & Recycling Inc.
Located in Trenton, New Jersey, the firm provides waste hauling and
recycling services for central New Jersey, including the town of
Hamilton, which has mandated alternative fuel use. Central Jersey
Waste will finance both a portion of its time-fill fueling station
and 20 natural gas trucks through Clean Energy Finance. Clean
Energy will design, build, operate and maintain the fueling
station. The waste and recycling firm is the first in New Jersey to
convert a portion of its operations to natural gas fuel use. James
Harger, Clean Energy Senior Vice President, said, �We are pleased
to provide these services for Central Jersey Waste that will in
turn benefit the state of New Jersey by beginning to use cleaner,
cheaper natural gas fuel for waste and recycling hauling. Waste
hauling companies throughout the country are beginning to adopt
natural gas fuel for both environmental and economic reasons. With
more than 200,000 refuse trucks on the road nationwide, there is
significant opportunity for natural gas vehicles to contribute to
the nation�s growing energy commitment to reduce the use of foreign
oil while helping clean the air.� �What makes Central Jersey Waste
and Recycling different is our steadfast commitment to pursuing
initiatives that save money for our customers while preserving the
environment in New Jersey," said Michael Fiumefreddo, Central
Jersey Waste Vice President. "To that end, we are pleased to be
working with Clean Energy to convert our fleet of trucks from
diesel fuel to clean-burning natural gas. This is an environmental
alternative that will reshape the waste and recycling industry in
New Jersey and force our competitors to step up and act more
responsibly." 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 over 170 strategic locations across
the United States and Canada. Clean Energy owns and operates two
LNG production plants, one in Willis, TX and one in Boron, CA, with
combined capacity of 260,000 LNG gallons per day and designed to
expand to 340,000 LNG gallons per day as demand increases. It also
owns and operates a landfill gas facility in Dallas, TX that
produces renewable methane gas or biogas for delivery in the
nation�s gas pipeline network. Please 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. 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 statements made
about the number of CNG trucks ultimately used by Central Jersey
Waste. 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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