Clean Energy Announces Expansion of its Southern California LNG Truck Fueling Infrastructure to Support Regional Goods Movement
February 23 2010 - 6:00AM
Business Wire
Clean Energy Fuels Corp. (Nasdaq: CLNE) plans to expand its
existing network of liquefied natural gas (LNG) truck fueling
stations in Southern California this year beyond its current two
LNG stations located at the Los Angeles/Long Beach ports complex.
New or upgraded Clean Energy LNG fueling facilities are planned for
strategic points along truck transport routes in the California
cities of Los Angeles, Commerce, Industry, Fontana, Riverside,
Tulare, Barstow, and Otay Mesa/San Diego. This hub of stations will
form the backbone upon which Clean Energy intends to expand its LNG
fueling efforts into the Southwestern region of the United
States.
The Southern California network will enable goods to be
transported via clean-burning natural gas trucks within local urban
areas and along regional goods-movement corridors. Trucks will be
able to transport goods from the Los Angeles and Long Beach ports,
deliver them to distribution centers, and take the goods directly
to stores in local communities.
“This augmented LNG truck fueling capability plays a key role in
the creation of a full-scale Southwest LNG truck-fueling corridor.
We plan to connect this group of LNG fueling stations in Southern
California to Northern California, Arizona, Nevada and Utah,” said
Andrew Littlefair, Clean Energy President and CEO.
“The development of the new station infrastructure is a direct
response to the increased demand for natural gas fuel we have
observed, as major trucking companies secure and deploy LNG-powered
trucks at the Los Angeles and Long Beach ports and throughout the
region,” Littlefair added.
Adjacent to the ports complex, Clean Energy operates the world’s
largest public LNG truck fueling station. Located on a 2.7-acre
site, the station is the second that the Company has opened in the
area to serve natural gas-powered port drayage trucks. The first,
operational since December 2007, is located nearby in Carson,
CA.
These two LNG stations were specifically designed by Clean
Energy to support the goals of the San Pedro Bay Ports’ Clean Air
Action Plan and Clean Truck programs. These programs call for the
retirement or conversion of old diesel trucks entering the ports in
favor of new cleaner-burning and alternative-fueled trucks.
Natural gas vehicle fuel provides lower emissions than gasoline
and diesel, including up to a 23% reduction in greenhouse gases in
medium-and heavy-duty trucking applications. The domestic natural
gas used by the trucks also reduces America’s dependence on
imported oil.
Clean Energy 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
17,500 vehicles at 195 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 biomethane) for delivery in the nation’s
gas pipeline network. Clean Energy also owns BAF Technologies, Inc.
of Dallas, TX, a leading provider of natural gas vehicle systems
and conversions for taxis, limousines, vans, pick-up trucks and
shuttle buses. 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 statements about the number of stations to be built in
Southern California and in the Southwestern part of the United
States, the time-frame in which the stations will be completed, the
growth in the number of LNG trucks using the stations and the
number of LNG trucks that will ultimately be deployed at the
stations. Actual results and the timing of events could differ
materially from those anticipated in these forward-looking
statements as a result of lower demand for LNG fuel and LNG trucks,
the expiration or lack of availability of tax credits or other
incentives for the purchase of LNG trucks and/or use of LNG vehicle
fuel, the pricing and performance of LNG trucks and permitting and
other delays in the construction of the LNG stations. 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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