Clean
Energy Fuels Corp. (NASDAQ: CLNE)
today announced the completion and opening of 27 natural
gas fueling stations in the first half of the year, nine of which
are truck-friendly America’s Natural Gas Highway stations. Upgraded
equipment and additional compression capacity have also been added to 10
existing stations to keep pace with growing natural
gas fuel demand. Additional fueling and station development
agreements representative of Clean Energy’s growing portfolio of natural
gas fueling customers were also announced.
Trucking
Raven Transport to expand fueling agreement by deploying 33
additional heavy-duty LNG trucks to serve the Southeast
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To support this growing natural gas fleet, Clean Energy will open its
Albany, Ga., public-access LNG station. Raven is currently fueling at Clean
Energy’s natural gas fueling stations in Franklin, Ohio; London,
Ohio; Walton, Ky.; and Jacksonville, Fla.
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Once fully deployed, these additional vehicles are forecasted to
consume over 700,000 DGEs of LNG annually, and are expected to be on
the road in December 2014.
G & P Trucking of Gaston, S.C., schedules deployment of five
heavy-duty natural gas trucks
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This natural gas fleet is expected to double to 10 trucks by the end
of 2014.
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Clean Energy will support this natural gas fleet by opening its
Charlotte, N.C., America’s Natural Gas Highway station this month.
This station in conjunction with Clean Energy’s Latta, S.C., station
bolsters the region’s LNG capability to serve key goods-movements hubs
in the Southeast such as the South Carolina Ports Authority.
“More
of our customers are pursuing natural gas fueling solutions to meet
sustainability goals. As Clean Energy continues to open its natural
gas highway you can bet our trucks will be fueling on it,” said
Clifton Parker, president of G & P Trucking.
Network
Parkway School District in Chesterfield, Mo., purchases compression
equipment and signs repair and maintenance agreement
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Parkway purchased a compressor and two fast-fuel CNG dispensers from
Clean Energy’s IMW subsidiary to service the district’s fleet of 30
CNG school buses at its private compressed natural gas station.
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The station is forecasted to supply approximately 75,000 DGEs of CNG
annually.
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Cost of the CNG station and school buses was offset by a $1.5 million
federal highway grant administered by the East-West Gateway Council of
Governments.
“Using CNG for our buses contributes to the
economic and environmental health of the Parkway School District. To
ensure CNG will consistently support our transportation mission, we
have chosen Clean Energy to maintain our station equipment,” said
Scott Bennett, manager of planning & engineering, Parkway School
District.
City of Ontario, Calif., signs multi-year repair and maintenance
contract
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Ontario’s natural gas station features both public-access and private
fueling facilities. 48 time-fill posts with 96 fueling points fuel the
Ontario-Montclair School District’s fleet of school buses and the
city’s refuse truck fleet. The private station also includes four
fast-fueling points. Two fast-fueling points are available to the
public.
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The station is forecasted to supply approximately 500,000 GGEs of CNG
per year. This represents an approximate greenhouse gas emissions
reduction of 1,054 metric tons.
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 Raven Transport and G & P Trucking,
respectively, the amount of natural gas expected to be supplied by the
stations owned by Parkway School District and the City of Ontario, 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 the operation of the stations
owned by Parkway School District and the City of Ontario. 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