Statement from Andrew J. Littlefair, CEO, Clean Energy Fuels Corp. on Connecticut Governor Daniel Malloy’s Energy Plan
SEAL BEACH, CA — October 5, 2012 — “At a time of $4 a gallon gasoline and diesel, consumers deserve leadership from their elected officials to chart a course that will increase access to alternative transportation fuels. I applaud Governor Malloy for today introducing an energy strategy that is designed to accelerate the expansion of natural gas in Connecticut. Companies, municipalities and other states around the country are increasingly taking advantage of the benefits of natural gas for their buses, refuse trucks, shuttles and other fleet vehicles. Clean Energy is committed to working with Governor Malloy and Commissioner Daniel Esty to expand Connecticut’s infrastructure that will allow its consumers the ability to realize the cost-savings, reliability and environmental benefits of domestic natural gas.”
Clean Energy (Nasdaq: CLNE) is the largest provider of natural gas fuel for transportation in North America and a global leader in the expanding natural gas vehicle fueling market. We have operations in compressed natural gas (CNG) and liquefied natural gas (LNG) vehicle fueling and construction and operation of natural gas fueling stations. Wholly-owned subsidiaries include BAF Technologies, which provides natural gas vehicle systems and conversions for taxis, vans, pick-up trucks and shuttle buses; IMW Industries, Ltd., which supplies CNG equipment for vehicle fueling and industrial applications worldwide; NorthStar, which supplies LNG and liquefied to compressed natural gas fueling system technologies and equipment, station construction and operations; and Clean Energy Renewable Fuels (CERF), which develops renewable natural gas (RNG), or biomethane, production facilities in the U.S. For more information, visit www.cleanenergyfuels.com
Forward Looking Statement — 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. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements as a result of several factors. The forward-looking statements made herein speak only as of the date of this news 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, 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.