The Parking Spot Awards Fueling Contract to Clean Energy
April 15 2009 - 8:00AM
Business Wire
The Parking Spot (TPS), a leading U.S. near-airport parking
service provider, has awarded Clean Energy Fuels Corp. (Nasdaq:
CLNE), North America�s leader in clean transportation, a contract
to support the transition of the TPS parking shuttle fleet to
compressed natural gas (CNG) fuel at its Austin Bergstrom, Dallas
Love Field, and Los Angeles International Airport facilities.
The Parking Spot�s distinctive yellow-and-black spotted shuttles
assist guests at 18 locations serving twelve U.S. airports in ten
cities including Atlanta, Austin, Dallas-Fort Worth, Houston,
Kansas City, Los Angeles, Nashville, Orlando, Phoenix and St.
Louis.
As part of the The Parking Spot�s fueling services agreement,
Clean Energy will design, build and maintain three CNG fueling
stations located on TPS-owned properties adjacent to facilities in
Austin, Dallas-Ft. Worth and Houston, with the potential to convert
The Parking Spot�s fleet nationwide.
Kevin Shrier, The Parking Spot Senior Vice President �
Acquisitions & Operations, said, �At every airport we serve, we
are committed to helping protect the environment by reducing
emission impacts from the operation of our parking shuttle vans. To
this end, we have opted to begin replacing our diesel and
gasoline-powered shuttles with clean-burning natural gas
models.�
James Harger, Clean Energy Senior Vice President, said, �Clean
Energy also is working to help reduce health-harming emissions and
protect environmental quality. The transition by the airport
industry and allied services from diesel to natural gas power for
ground transportation is accelerating rapidly, in response to the
need to curtail emissions, decrease fuel costs, and reduce
dependence on imported oil.�
Harger explained that natural gas fuel produces up to 30% fewer
greenhouse gas emissions in light-duty vehicles as compared to
gasoline and up to 23%-percent lower greenhouse gas emissions in
medium to heavy-duty applications as compared to diesel. The EIA
estimates that 98% of the natural gas consumed in the U.S. is
sourced in the U.S. and Canada, and CNG vehicle fuel costs less
than diesel.
The Parking Spot�s distinctive yellow and black spotted
shuttles run to and from the terminals every five to seven minutes.
Drivers offer luggage assistance and guests receive copies of USA
Today when they arrive at the facility. Upon return, complimentary
bottles of water are offered by the cashiers at exit. Guests also
have the option to enjoy membership in the Spot Club�, the most
flexible parking rewards program in the business. Reservations are
available, but not required, at www.theparkingspot.com. Along with
rates and lot information, the website tracks occupancy levels and
reports the weather at The Parking Spot�s facilities across the
country.
Clean Energy is the leading provider of natural gas fuel
(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
15,000 vehicles at 176 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 processing facility in Dallas, TX that
produces renewable biomethane gas for delivery in the nation�s gas
pipeline network. Please visit www.cleanenergyfuels.com
Forward-Looking Statements � Clean Energy 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 statements about the deployment of
Parking Spot CNG shuttles and the construction of CNG fueling
facilities for the Parking Spot by Clean Energy. 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 availability of CNG vehicles and unanticipated delays
in construction. 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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