Clean
Energy Fuels Corp., (NASDAQ: CLNE)
today opened its Albuquerque, N.M., and Winslow, Ariz., America’s
Natural Gas Highway stations to fuel additional heavy-duty
CNG trucks deployed by Seaboard Transport. Clean Energy also opened
the first-of-its-kind natural gas fueling station with NG
Advantage, L.L.C., to serve manufacturing facilities and other
large, energy-intensive customers who do not have access to the region’s
natural gas pipeline.
Trucking
Seaboard Transport Deploys 58 Heavy-duty CNG Trucks Fueling with
Clean Energy in Nine States
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Under the fueling agreement, Clean Energy will open its Albuquerque,
N.M., and Winslow, Ariz., America’s Natural Gas Highway stations.
Additionally, Seaboard Transport will fuel at Clean Energy’s public
natural gas station network in Calif., Ariz., N.M., Colo., Texas,
Ill., Ind., Ohio and Va. Natural gas fueling for heavy-duty trucks is
now possible from Columbus, Ohio, to Los Angeles, Calif.
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The fleet will haul food goods for Seaboard
Foods to customers and ports throughout the United States.
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Once fully-deployed, the fleet is forecasted to consume approximately
892,000 diesel gallon equivalents (DGEs) annually. This represents a
greenhouse gas reduction of approximately 2,067 metric tons.
“Thanks
to our fueling agreement with Clean Energy and their commitment to CNG
stations along I-40, our first CNG-powered truck recently crossed
into California originating from our Oklahoma processing plant. Now we
have a gateway to the West for our CNG fleet,” said Gary Ruettgers,
Seaboard Transport operations manager.
Texas Commission on Environmental Quality (TCEQ) Awards Clean Energy
$3.6 Million to Expand Natural Gas Fueling Infrastructure in Texas
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Clean Energy was awarded nine grants totaling $3.6 million for station
construction and natural gas fueling infrastructure development.
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TCEQ
grant funds underscore the significance Texas has placed on the
continued growth of the Lone Star State’s natural gas fueling
infrastructure.
Network
Clean Energy Opens First-of-its-Kind Station with NG Advantage to
Bring Natural Gas to Manufacturing and Other Energy-intensive Users
Beyond a Natural Gas Pipeline
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This unique CNG station in Pembroke, N.H., located at 10 Cooperative
Way, Pembroke, N.H., is expected to provide a minimum of 10 million
gasoline gallon equivalents (GGEs) of CNG per year to NG Advantage and
fleet vehicles fueling at the station.
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The CNG will be delivered to NG Advantage customers by a “virtual
pipeline” consisting of a fleet of high-tech tractor trailers. The
volume of CNG supplied by this station is forecasted to be
approximately double the CNG fuel volume currently supplied by Clean
Energy’s highest-volume CNG station.
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As previously
announced, NG Advantage and Clean Energy signed a 10-year fueling
agreement to help expand NG Advantage’s reach to American
manufacturers and other large institutions who do not have access to
the nation’s natural gas pipeline.
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By using natural gas, NG Advantage’s customers are expected to reduce
carbon-dioxide emissions by up to 26 percent while cutting fuel costs
by over 30 percent as compared to propane or oil alternatives.
“We
saw a clear opportunity to serve energy-intensive customers such as
hospitals, educational institutions and manufacturing facilities with
a cleaner and less-expensive fuel,” said Tom Evslin, Founder and CEO
of NG Advantage. “The competitive advantage natural gas fuel brings to
our customers is apparent. Our business is growing, and working with
Clean Energy ensures we have the most experienced counterpart at all
steps of the natural gas fueling process.”
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 number of
trucks expected to be deployed and the amount of natural gas fuel
expected to be consumed by Seaboard Transport, NG Advantage and fleet
vehicles fueling at the Pembroke, NH station, respectively, 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, and the cost and operating experience associated
with natural gas trucks. 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.
Copyright Business Wire 2014