Dallas Area Rapid Transit Agency Awards Clean Energy with Contract to Design & Build Four Fueling Stations to Support New 100...
April 27 2011 - 6:00AM
Business Wire
Dallas Area Rapid Transit (DART) has awarded Clean Energy Fuels
Corp. (Nasdaq: CLNE) a $40-million contract to design and build
four new compressed natural gas (CNG) stations to support the
transition of DART’s fixed route and paratransit bus fleet to 100%
CNG power. The project will also include two building modifications
for maintenance facilities.
Over the next three years, the agency plans to deploy 452 new
CNG buses and 200 CNG paratransit vehicles as replacements for its
current fleet of liquefied natural gas and diesel-powered models
that began service in 1998.
The new Clean Energy CNG fueling stations will be located at
DART’s bus and paratransit maintenance facilities. The station
development project is set to start in May 2011 and Clean Energy
expects to complete DART’s first new CNG fueling facility by April
2012.
“With the transition of its bus fleet to CNG power, DART joins
the ranks of clear leaders among U.S. transit operators anxious to
secure the environmental and economic benefits of CNG for their
communities,” said James Harger, Clean Energy’s Chief Marketing
Officer. “Across the nation, Clean Energy is partnering with many
transit agencies to reliably fuel over 5,500 buses daily. We are
honored by the opportunity DART has given us to develop the new
station infrastructure that will support one of America’s largest
CNG transit bus fleets.”
Based in Dallas, Texas, DART deploys buses on 135 fixed and
express routes, serving the communities of Addison, Carrollton,
Cockrell Hill, Dallas, Farmers Branch, Garland, Glenn Heights,
Highland Park, Irving, Richardson, Rowlett, Plano and University
Park, Texas. In fiscal year 2010, passenger boardings of DART buses
totaled more than 38 million.
Costing less than diesel, natural gas fuel produces up to
23%-percent lower greenhouse gas emissions in medium to heavy-duty
vehicles. U.S. Department of Energy reports estimate that 98% of
the natural gas consumed in the U.S. is sourced in the U.S. and
Canada. Using natural gas fuel can prevent tons of emissions from
entering the atmosphere throughout the operating life of a typical
bus fleet, while also lowering a transit agency’s operating costs
significantly.
About Clean Energy Fuels — Clean Energy (Nasdaq: CLNE) is
the largest provider of natural gas fuel for transportation in
North America and a global leader in the expanding natural gas
vehicle market. It has operations in CNG and LNG vehicle fueling,
construction and operation of CNG and LNG fueling stations,
biomethane production, vehicle conversion and compressor
technology.
Clean Energy fuels over 21,200 vehicles at 224 strategic
locations across the United States and Canada with a broad customer
base in the refuse, transit, trucking, shuttle, taxi, airport and
municipal fleet markets. Clean Energy del Peru, a joint venture,
fuels vehicles at two stations and provides CNG to commercial
customers in Peru. We own (70%) and operate a landfill gas facility
in Dallas, Texas, that produces renewable natural gas, or
biomethane, for delivery in the nation’s gas pipeline network. We
have agreed to build a second facility in Michigan. We own and
operate LNG production plants in Willis, Texas and Boron, Calif.
with combined capacity of 260,000 LNG gallons per day and that are
designed to expand to 340,000 LNG gallons per day as demand
increases. NorthStar, a wholly owned subsidiary, is the recognized
leader in LNG/LCNG (liquefied to compressed natural gas) fueling
system technologies and station construction and operations. BAF
Technologies, Inc., a wholly owned subsidiary, is a leading
provider of natural gas vehicle systems and conversions for taxis,
vans, pick-up trucks and shuttle buses. IMW Industries, Ltd., a
wholly owned subsidiary based in Canada, is a leading supplier of
compressed natural gas equipment for vehicle fueling and industrial
applications with more than 1,200 installations in 24 countries.
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 deployment of DART’s CNG buses and
CNG paratransit vehicles and the timing of the commencement and
completion of construction of the stations. 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 rate of CNG vehicle procurement by DART, the
performance, availability and price of CNG vehicles relative to
liquefied natural gas, gasoline and diesel vehicles, the price per
gallon of compressed natural gas relative to liquefied natural gas,
diesel and gasoline, and permitting or other delays encountered
during construction of the stations. The forward-looking statements
made herein speak only as of the date of this press release and,
unless otherwise required by law, the company undertakes no
obligation to publicly update such forward-looking statements to
reflect subsequent events or circumstances.
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