Mansfield Clean Energy Partners Opens First CNG Station in Joint Venture to Serve Bulk Fuel Hauling Market
November 19 2014 - 1:46PM
Business Wire
Mansfield Clean Energy Partners (MCEP), the joint venture of
Clean Energy Fuels Corp. (NASDAQ: CLNE) and Mansfield Energy
Corp., today held a grand opening
ceremony for the first compressed natural gas (CNG) station built
to serve the MCEP venture. The Honorable Casey Cagle, Lt. Governor
of Georgia, and Donna Pittman, Mayor of Doraville, GA, participated
in the ceremony and toured the new corporate headquarters of MCEP
located adjacent to the new card-lock CNG station, designed to
support heavy duty natural gas tractor-trailers.
Mansfield Clean Energy Partners Ribbon
Cutting. From Left: Doraville, GA, Mayor Donna Pittman, Andrew J.
Littlefair, Michael Mansfield, Georgia Lt. Gov. Casey Cagle, Ira
Pearl, and Don Parsons. (Photo: Business Wire)
“Opening the first of many MCEP stations and seeing trucks
fueling today brings into focus the potential of this venture,”
said Michael Mansfield, CEO of Mansfield. “We’ve served our bulk
fuel customers with the most innovative fuel logistics solutions
for decades; the innovative natural gas solution of tomorrow is now
available today with the opening of this station.”
Located at 2765 Woodwin Rd., Doraville, GA, the new card-lock
natural gas fueling station will fuel Mansfield’s growing fleet of
12 natural gas trucks, as well as other area fleets. The station
will showcase the potential natural gas fuel brings to the
significant bulk fuel hauling market segment.
“Mansfield has shown industry leadership yet again with the
deployment of its first CNG trucks,” said Andrew J. Littlefair,
president and CEO of Clean Energy. “As the anchor tenant of the
first MCEP station, this growing fleet will be a rolling case study
for other bulk fuel haulers contemplating the transition to
cleaner-burning and less-expensive natural gas fuel.”
Natural gas fuel costs more than $1.00 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,
virtually all natural gas consumed in North America is produced
domestically.
About Mansfield Clean Energy
Partners
Mansfield Clean Energy Partners develops and builds compressed
natural gas fueling stations across North America, with a specific
focus on bulk fuel hauling terminal markets. Mansfield Clean Energy
Partners has developed an industry-leading team leveraging shared
resources and expertise from Mansfield Energy Corp., a leader in
the transportation fuels sector and #41 on the Fortune 100 list of
privately held companies, and Clean Energy Fuels (NASDAQ: CLNE),
the nation’s leading builder of CNG and LNG stations. For more
information, visit www.mcepartners.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 number of stations MCEP anticipates
building and the benefits of natural gas relative to gasoline and
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, including, without
limitation, the price of natural gas relative to gasoline and
diesel, the cost and operating experience associated with natural
gas trucks, and permitting and other factors affecting
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.
Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20141119006479/en/
Clean Energy Media Contact:Patric
Rayburn949-437-1411patric.rayburn@cleanenergyfuels.comorClean
Energy Investor Contact:Tony
Kritzer949-437-1403tkritzer@cleanenergyfuels.comorMansfield
Media Contact:Georgia
Loftis678-427-0506Gloftis@mansfieldoil.com
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