Sun Metro, City of El Paso’s Public Transit Agency, Extends Clean Energy’s LNG Fuel Contract
December 22 2008 - 8:00AM
Business Wire
Clean Energy Fuels Corp. (Nasdaq:CLNE) has been awarded an 18-month
contract extension to continue supplying liquefied natural gas
(LNG) fuel to Sun Metro, the public transit bus agency serving the
City of El Paso, Texas and neighboring New Mexico communities.
Clean Energy has been under contract to Sun Metro since December
2003, with fleet fuel consumption now topping 4.6 million LNG
gallons annually. The LNG fuel is used directly to fuel certain
buses as well as converted to compressed natural gas (CNG) fuel,
which is used to power the balance of the Sun Metro natural gas
fleet, which includes 144 natural gas buses, together with six
diesel buses. The agency plans to expand the fleet to 227 natural
gas buses within 10 years. James Harger, Clean Energy Senior Vice
President, said, �We are pleased to continue our supply
relationship with Sun Metro, where we have provided reliable,
cost-efficient LNG fueling services for five years, ensuring the
agency and its riders that their buses roll out daily to meet
community transportation needs.� Kevin Bunce, Sun Metro Assistant
Director, said, �El Paso has significant air shed issues caused by
adjacent cities and chooses to fuel with natural gas to mitigate
those issues and improve air quality.� With 600 employees and an
annual budget of over $60 million, Sun Metro offers fixed route and
paratransit bus service within the County of El Paso, TX and
throughout the City of Sunland Park, New Mexico. The agency �
recipient of the Texas Transit Association�s 2008 Outstanding
Metropolitan System Award � operates service on more than 50 fixed
routes in a region that spans 250 square miles. Annually, Sun Metro
transit buses log more than 12 million passenger trips and travel
60 million passenger miles. 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, including the time frame for additional natural
bus deployment by Sun Metro and annual gallons consumed by the Sun
Metro bus fleet. 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 the demand for
public transit services in the County of El Paso and Sun Metro�s
ability to procure additional natural gas buses. 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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