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.
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