Choice Environmental Services Contracts with Clean Energy to Design, Build, Operate New Natural Gas Fueling Station to Suppor...
June 23 2009 - 8:00AM
Business Wire
Clean Energy Fuels Corp. (Nasdaq: CLNE) has been awarded a
10-year contract to build and operate a compressed natural gas
(CNG) fueling station by Choice Environmental Services, a
full-service solid waste company serving Southern Florida.
Beginning in November 2009, Choice Environmental will begin to
deploy a new fleet of clean-burning CNG refuse trucks to serve the
City of Fort Lauderdale. The company�s Florida service area
includes Palm Beach, Broward, Collier and Dade Counties.
In addition to Fort Lauderdale, Choice�s customers include the
Miami-Dade County School District, one of the nation�s largest. The
new private Clean Energy time-fill CNG fuel station will be located
on property owned by Choice in Pompano Beach. The waste and
recycling firm is the first in South Florida to convert a portion
of its operations to natural gas fuel use.
The station also marks Clean Energy�s entry into the Florida
market.
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 17,200 vehicles at 184 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.
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 statements regarding the timing of the deployment of CNG
trucks by Choice Environmental and the opportunity to convert an
increasing number of refuse and recycling collection trucks to run
on CNG fuel. 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 and performance of CNG refuse collection vehicles and
unanticipated delays in CNG station 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.
Clean Energy Fuels Corp. has filed a registration statement
(including a prospectus) with the Securities and Exchange
Commission for the offering to which this communication relates.
Before you invest, you should read the prospectus in that
registration statement, the preliminary prospectus supplement
relating to the offering, and other documents Clean Energy has
filed with the SEC for more complete information about Clean Energy
and the offering. You may get these documents for free by visiting
the SEC�s website at www.sec.gov. Alternatively, a copy of the
prospectus supplement and prospectus relating to these securities
may be obtained, when available, by contacting Merrill Lynch &
Co., 4 World Financial Center, New York, New York 10080, telephone:
866-500-5408
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