Clean Energy Partners with Waste Pro USA for Strategic Fueling Locations to Support Waste Pro’s New $100 Million CNG Fleet ...
April 17 2012 - 6:00AM
Business Wire
Clean Energy Fuels Corp. (Nasdaq:CLNE) has contracted with major
Southeast U.S. solid waste collection, recycling and disposal
company Waste Pro USA to build, operate and maintain a new CNG
fueling station on Waste Pro property in Fort Pierce, FL. The
private time-fill fueling facility will support the company’s new
fleet of CNG-powered trash trucks.
Waste Pro recently announced its investment of $100 million for
vehicles and fueling stations to transition a portion of its fleet
from diesel fuel to compressed natural gas (CNG) fuel. The
investment includes planned construction by Clean Energy of natural
gas fueling facilities in the South.
Development of the Waste Pro CNG station at Fort Pierce has been
permitted, with opening projected for early third quarter of 2012.
In Phase One of its CNG transition effort, Waste Pro expects to
deploy 150 heavy-duty waste collection and recycling trucks to
serve residential and commercial customers.
Commenting on its CNG fueling commitment and station
infrastructure partnership with Clean Energy, John J. Jennings,
President and CEO of Waste Pro, said, “We care about the
communities we serve. This move will reduce emissions in our
operating footprint and potentially provide fueling stations for
the cities and counties we serve.”
Raymond P. Burke, Clean Energy Vice President, said, “We are
pleased to partner with Waste Pro to support its new fleet
commitment to natural gas-powered trucks to add fuel diversity,
curtail harmful emissions and dependence on foreign oil. We
congratulate Waste Pro for its exemplary leadership efforts in the
Southeast U.S. region.”
Waste Pro is one of the country’s fastest growing, privately
owned waste collection, recycling and disposal companies, operating
in seven southeastern states: Florida, Georgia, South Carolina,
Alabama, North Carolina, Louisiana and Mississippi. With more than
2,400 employees and 1,400 trucks, it serves more than 1.8 million
customers from 70 operating locations, and maintains more than 140
exclusive municipal contracts and franchises.
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 fueling market. We have
operations in compressed natural gas (CNG) and liquefied natural
gas (LNG) vehicle fueling; construction and operation of natural
gas fueling stations; compressor equipment and technology;
biomethane production; and vehicle conversions. We fuel over 530
fleet customers and 25,000 vehicles at more than 273 strategic
locations across the country, with a broad customer base in the
refuse, transit, trucking, shuttle, taxi, airport and municipal
fleet markets.
We are building America’s Natural Gas Highway™, a network
comprised initially of 150 planned LNG truck fueling stations
connecting major freight trucking corridors across the country.
IMW Industries, Ltd., a wholly owned subsidiary, is a
global supplier of compressed natural gas equipment for vehicle
fueling and industrial applications with more than 1,400
installations in 26 countries. NorthStar, a wholly owned
subsidiary, is the recognized leader in LNG/LCNG (liquefied to
compressed natural gas) fueling system technologies and equipment,
station construction and operations. It has built approximately 70%
of the LNG fueling stations in the United States. 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. It has converted more than
15,000 vehicles. Clean Energy Renewable Fuels (CERF), a
wholly owned subsidiary, is developing renewable natural gas (RNG),
or biomethane, production facilities in the United States. CERF
owns (70%) and operates a landfill gas facility in Dallas, Texas
that produces RNG for delivery in the nation’s gas pipeline network
for power generation and transportation fuel. CERF is building a
second facility in Canton, Michigan. We own and operate LNG
production plants in Willis, Texas and Boron, California 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. For more information, 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 deployment of natural gas vehicles,
the plans of Waste Pro and Clean Energy to build fueling stations
in the South, the timing for completion of the Fort Pierce station,
the benefits of natural gas vehicle fuel as compared to diesel, and
the potential for a natural gas highway system. 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, but not limited to, changes in Waste Pro’s plans to
invest $100 million for vehicles and fueling stations to transition
a portion of its fleet from diesel to CNG, the price per gallon of
CNG relative to diesel and gasoline, and permitting or other delays
encountered during station construction. 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.
Additionally, the reports and other documents the Company files
with the SEC (available at www.sec.gov) contain risk factors, which
may cause actual results to differ materially from the
forward-looking statements contained in this news release.
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