Clean Energy Hits New Quarterly Record for Fuel Agreements in Core Markets & Opens Several Fueling Stations to Support New Fu...
November 06 2013 - 6:01AM
Business Wire
Clean Energy Fuels Corp. (Nasdaq: CLNE) today released an update
to its ROAD TO NATURAL GAS report with select deal announcements
representative of its continually growing portfolio of natural gas
fuel customers. Clean Energy continues to lead the natural gas
transition as evidenced by achieving a new quarterly record of fuel
agreements in its core refuse, transit and airport/fleet markets
expected to total up to approximately 10.5 million gallons per year
once fully-deployed.
Central Freight Heavy-Duty CNG Truck
(Photo: Business Wire)
TRUCKING:
Central Freight Lines Signs
Multi-year Fueling Agreement with Clean Energy to Fuel Their Fleet
of 114 Heavy-Duty CNG Trucks
•
Clean Energy will open its South Ft. Worth
America’s Natural Gas Highway station to support this new contract,
and anticipates generating increased fuel volumes at its Dallas
Love, Dallas Irving Blvd. and San Antonio, Texas, stations.
•
Central Freight Lines began testing 14 CNG
tractors in August 2012 and added 100 additional CNG tractors to
its fleet in May 2013. Today Central Freight Lines has the largest
natural gas fleet in Texas.
GREENHOUSE GAS REDUCTION
Central Freight Lines is expected to use approximately 300,000
diesel gallon equivalents (DGEs) of CNG per year which reduces
greenhouse gases by 695 metric tons per year, the equivalent of
taking 144 cars off the road per year. "For nearly 90 years
Central Freight Lines has been a Texas leader in transportation
solutions for both emerging businesses and Fortune 500 companies.
With our continued investment in CNG equipment, we solidify our
commitment to our customers, our community and environmental
sustainability. This investment with Clean Energy makes positive
environmental sense, allowing us to share with our customers our
vision for a greener Texas future. We chose to be an active
participant in a clean air initiative that will be meaningful to
everyone for years to come.” -- Don Orr, President and CEO, Central
Freight Lines "As the leading provider of natural gas fuel
for transportation, we’re thrilled to be fueling the largest
natural gas fleet in the Lone Star State." --Matthew Feighner,
Regional Vice President, Clean Energy
TRANSIT:
Kansas City Area Transportation
Authority (KCATA) Signs Multi-year Fueling Agreement with
Clean Energy to Open New Station as KCATA Transitions Entire Fleet
to Natural Gas
•
KCATA Board of Commissioners recently
approved a 10-year Operation and Maintenance agreement with Clean
Energy to fuel its transitioning fleet of buses and paratransit
vehicles.
•
KCATA fleet will begin with 25 CNG buses
with an estimated acquisition of 15 additional CNG buses each year
thereafter until 256 CNG buses have been deployed.
•
Within 15 years, KCATA estimates it can
displace nearly 2.5 million diesel gallons each year.
GREENHOUSE GAS REDUCTION
Within three years, KCATA is expected to use approximately 700,000
DGEs of CNG per year which reduces greenhouse gases by 1,622 metric
tons per year, the equivalent of taking 335 cars off the road per
year. “We are committed to clean air technology. The
transition to natural gas from diesel signals the start of a new
era of clean technology vehicles for not only our 16 million
customers who ride every year, but for the entire Kansas City
metropolitan area.” -- Mark Huffer, General Manager, KCATA
"Clean Energy is pleased to have partnered with the Kansas City
Area Transportation Authority to fuel and supply their transition
to natural gas. KCATA is an important transit authority with an
interstate reach and responsibility. We applaud them for taking
this major step toward a cleaner future." --Peter Grace, Senior
Vice President, Sales and Finance, Clean Energy
About Clean Energy Fuels Corp.
Clean Energy Fuels Corp. (Nasdaq: CLNE) is the largest provider
of natural gas fuel for transportation in North America. We build
and operate compressed natural gas (CNG) and liquefied natural gas
(LNG) fueling stations; manufacture CNG and LNG equipment and
technologies for ourselves and other companies; and develop
renewable natural gas (RNG) production facilities. 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 volumes of natural gas fuel expected to be dispensed and
the benefits of natural gas fuel when compared to gasoline or
diesel. Actual results and the timing of events could differ
materially from those anticipated in these forward-looking
statements as a result of several factors. 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.
Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20131106005659/en/
Clean Energy Fuels Corp.Media Contact:Patric Rayburn,
949-437-1411patric.rayburn@cleanenergyfuels.comorInvestor
Contact:Tony Kritzer, 949-437-1403Director, Investor
Relationstkritzer@cleanenergyfuels.com
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