Clean Energy Customers Ordered 70 Percent More Natural Gas Vehicles in First Nine Months of 2013 Compared to 2012
December 12 2013 - 6:01AM
Business Wire
Clean Energy Fuels Corp. (NASDAQ: CLNE) today announced that its
customers ordered 70 percent more natural gas vehicles through the
third quarter of 2013 as compared to the same period in 2012. The
Company also announced select deals in the transit sector building
on its continually-growing portfolio of natural gas fuel customers,
and the recognition of its President and CEO Andrew J. Littlefair
by the California League of Conservation Voters for his
environmental leadership.
TRANSIT:
Long Beach Public Transportation
Company (LBT) Signs New Multi-Year Operation and Maintenance
Agreement to Fuel with Clean Energy
- LBT has deployed 64 compressed natural
gas (CNG) buses and has the capacity to serve up to 110 buses at
its CNG station.
- If LBT were to reach capacity of 110
CNG buses, this fleet could consume 1.5 million gasoline gallon
equivalents (GGEs) of CNG per year.
- LBT’s CNG fleet fuels at its private
CNG fueling facility which Clean Energy operates and
maintains.
Click Here to Learn More
Leading Las Vegas Transportation Company,
Whittlesea-Bell Transportation, Rolls Out 229 New CNG Vehicles and
Continues Transition of Entire Fleet to Natural Gas by 2016
- Whittlesea-Bell Transportation will
deploy the following CNG vehicles: 92 Transit Connect taxis, 92
Dodge Caravans, 25 large shuttle buses and 20 stretched Cadillac
Escalades, which will be the first of their kind.
- These vehicles are forecasted to
consume 1.3 million GGEs of CNG per year once fully deployed.
- Clean Energy’s six public-access
fueling stations in Las Vegas will support this growing CNG
fleet.
Click Here to Learn More
Leadership:
Clean Energy CEO Andrew J.
Littlefair Receives Environmental Leadership Award by
California League of Conservation Voters
- Mr. Littlefair was recognized for his
work creating America’s Natural Gas Highway and Clean Energy’s
successful launch of Redeem, the first commercially-available
renewable natural gas fuel made from organic waste.
Click Here to Learn More
A VIEW FROM THE TOP:
An insider’s look on what this means for
the Alternative Fuel Industry from Clean Energy’s President and
CEO, Andrew J. Littlefair:
Looking back at 2013, the pronounced trend toward natural gas as
a transportation fuel is clear with our customers ordering 70% more
natural gas vehicles through Q3 2013 than during the same period
last year.
This year, industry experts forecast that approximately 2,400
Cummins Westport 12L natural gas engines are scheduled to come off
production lines and into America’s heavy-duty trucks, a figure
which is projected to rise to 10,000 in 2014. In addition, ten more
of our America’s Natural Gas Highway stations began fueling this
year for a total of 19 now in service to support America’s truckers
and we will continue to meet this growing demand in 2014 as the
transition accelerates.
2013 also saw promising developments in the rail and maritime
industry’s use of natural gas. These new segments show tremendous
promise in the coming years and we will continue to support them as
they develop.
As we end this year, I am tremendously proud of Clean Energy and
our accomplishments in breaking new ground with the successful
launch of Redeem as well as our continued leadership as North
America’s largest provider of natural gas for transportation.
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
amounts of natural gas fuel expected to be consumed by LBT and
Whittlesea-Bell Transportation respectively. 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.
Clean Energy Fuels Corp.Media Contact:Patric
RayburnPublic Relations
Manager949-437-1411patric.rayburn@cleanenergyfuels.comorInvestor
Contact:Tony KritzerDirector, Investor
Relations949-437-1403tkritzer@cleanenergyfuels.com
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