Clean Energy Opens Latest Florida Compressed Natural Gas Station for Hillsborough Area Regional Transit Authority
April 24 2014 - 9:01AM
Business Wire
HART is the first transit agency in Florida
to begin transitioning 100 percent of its fleet to CNG
Clean Energy Fuels Corp. (NASDAQ: CLNE) today announced the
grand opening of the Hillsborough Area Regional Transit Authority
(HART) compressed natural gas (CNG) station to serve the first
transit agency in Florida expected to transition its entire fleet
to cleaner-burning natural gas. This fueling station will be
equipped with four fast-fill CNG dispensers to fuel buses, vans and
other fleet vehicles. The project includes capacity to add
additional compressors as the HART fleet gradually transitions its
entire fleet to CNG buses.
HART awarded Clean Energy the contract to design, build, operate
and maintain the new CNG fueling station to support their
investment in a cleaner and more cost-effective bus fleet. The
project entailed the construction of a CNG fueling station plus
modification of existing maintenance facilities and fuel lanes. The
modifications were engineered and implemented by Clean Energy’s
Facility Modification Services team.
“We expect our new natural gas vehicles to allow people to
continue to commute in comfort and at the same time improve our air
quality,” said Katharine Eagan, HART interim chief executive
officer. “Natural gas is available domestically and at this time,
costs approximately 20 to 25 percent less than diesel. Clean Energy
has been a terrific partner with extensive expertise to help us
realize a successful transition.”
Over the coming weeks, HART plans to deploy 28 new CNG vans to
replace its diesel-powered models. Early next year, HART expects to
put 22 new CNG buses in service as its diesel buses are retired
from service. By the end of 2015, HART expects a total of 59 CNG
vehicles to be in service.
Clean Energy expects this growing fleet to consume approximately
230,000 DGEs of CNG in year-one of operation and approximately
725,000 DGEs annually by 2018. Once fully-deployed, the fleet is
forecasted to reduce HART’s greenhouse gas emissions by 1,738
metric tons per year, the equivalent of removing 360 passenger cars
from the road annually. In addition to the new HART facility, Clean
Energy also operates a public CNG station at the Tampa
International Airport supporting the region’s growing number of NGV
fleets.
“HART has shown incredible leadership in Florida in its
transition to natural gas. We’re privileged to support them in
their effort to provide a cleaner ride to their 14.6 million annual
riders,” said Mark Riley, regional vice president, Clean Energy.
“In addition to our CNG fueling station services, our new Facility
Modification Services team made the necessary modifications to
HART’s existing facilities so their transition to CNG could be as
seamless as possible.”
Natural gas fuel costs up to $1.50 less per gallon than gasoline
or diesel, depending on local market conditions. The use of natural
gas fuel not only reduces operating costs for vehicles, but also
reduces greenhouse gas emissions up to 30% in light-duty vehicles
and 23% in medium to heavy-duty vehicles. In addition, nearly all
natural gas consumed in North America is produced domestically.
About Clean Energy
Clean Energy Fuels Corp. (Nasdaq: CLNE) is the leading 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; develop renewable
natural gas (RNG) production facilities; and deliver more CNG, LNG
and Redeem RNG fuel than any other company in the U.S. 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, without limitation,
statements about the benefits of natural gas relative to gasoline
and diesel, the number of CNG vehicles and buses expected to be
deployed by HART and the amount of CNG anticipated to be consumed
by HART. 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, without
limitation, the price of natural gas relative to gasoline and
diesel and the cost and operating experience associated with
natural gas vehicles. 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 EnergyPatric Rayburn, 949-437-1411Public Relations
Managerpatric.rayburn@cleanenergyfuels.comorHARTSandra Morrison,
Office: 813-384-6610Public Information
OfficerMorrisonS@goHART.orgCell: 813-545-5497
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