NEWPORT BEACH, CALIF. – October 22, 2014 – Clean Energy Fuels Corp., (NASDAQ: CLNE) today announced it will open its Carlisle, Penn., heavy-duty natural gas truck station to fuel LNG trucks for GIANT/MARTIN’S, the large grocery retailer. Additionally, 43 new fleet customers began fueling at Clean Energy’s nationwide network of natural gas stations in the third-quarter of 2014. Select deals representative of Clean Energy’s growing portfolio of natural gas fueling customers were also announced.
GIANT/MARTIN’S Begins Heavy-duty LNG Truck Pilot Program
- To support this pilot program, Clean Energy will open its Carlisle, Pa, public truck-friendly natural gas station.
- The station is located at the Carlisle Flying J, 1501 Harrisburg Pike, Carlisle, PA., and was financed in part by a grant from the Commonwealth of Pennsylvania, Commonwealth Financing Authority.
Clean Harbors Signs Multi-year Fueling Agreement
- Clean Harbors, Inc. plans to deploy CNG and LNG heavy-duty natural gas trucks operating in Calif., and Texas.
- The new fleet will fuel at Clean Energy’s public natural gas fueling network and is forecasted to consume nearly 180,000 DGEs annually.
Clean Energy to Design, Build, Operate and Maintain Private Time-fill CNG Station for Salt Lake County, Utah
- Salt Lake County plans to fuel 25 new CNG refuse trucks once the station is operational, which is expected by mid-2015. This fleet is forecasted to double to 50 trucks and consume approximately 500,000 GGEs of CNG annually once fully-deployed.
- Once all 50 trucks are in service, the County anticipates annual fuel savings of approximately $900,000 compared to current diesel costs as well as a reduction of 1,053 metric tons of greenhouse gases.
- The new station marks Clean Energy’s expansion into Utah and will feature a redundant compression system designed to fuel 50 trucks. Clean Energy will support this station by opening a new parts warehouse in Salt Lake County as well as hiring a full-time station technician for the area.
“Improving our air quality is a year round job. Using CNG helps to make our air cleaner and our community healthier for families living in Salt Lake County.” – Ben McAdams, Mayor, Salt Lake County, Utah.
“Prudent fiscal and environmental stewardship of Salt Lake County are paramount concerns for the department. Clean Energy was selected to help us with this stewardship based on their experience and innovative service and support plan. We look forward to working with them as we begin implementing our on-site CNG fueling program.” – Greg Nuzman, fleet division manager, Salt Lake County, Utah.
The Town of Islip, N.Y., Breaks Ground on a New Public-access Natural Gas Fueling Station
- Effective January 1, 2015, the Town of Islip will enforce a mandate requiring all refuse trucks servicing the Town’s new residential solid waste and recycling contract be new trucks and operate on CNG.
- The Town of Islip is the fourth town on Long Island to mandate such clean-air and economic initiatives. Clean Energy built, owns and operates the three existing natural gas fueling stations serving the Towns of Smithtown, Brookhaven and Huntington on Long Island, N.Y. This week’s ground breaking marks the fourth such station Clean Energy will build and operate. Once the new Islip station is operational, over 200 refuse trucks will be fueling with Clean Energy natural gas on Long Island.
- Their estimated 50 new natural gas refuse trucks are forecasted to consume approximately 500,000 DGEs of CNG annually while serving the Town of Islip.
Valley Regional Transit (VRT) Signs Multi-year Repair and Maintenance Contract
- VRT’s private natural gas station currently serves 38 transit and paratransit natural gas buses which consume approximately 300,000 GGE of CNG per year.
- VRT’s total bus fleet currently consists of 62 units, of which 54 are fueled by CNG. It is anticipated that the entire fleet will be converted to CNG by 2018.
Clean Energy unveils new CleanEnergyFuels.com website showcasing suite of natural gas fueling services and interactive tools
- Easy-to-navigate and visually appealing sections feature new information about the benefits of natural gas fuel and Clean Energy for customers and others.
- A new and improved Natural Gas Station Locator offers the ability to quickly locate CNG, LNG and RNG stations within any radius of the user’s location. One-click access to share travel details or station information is also possible, as well as the ability to route multi-stop trips across North America supported by Clean Energy’s growing natural gas station network. Look for the iPhone station locator mobile app to debut in November 2014.
- Interactive Fuel Cost Savings Calculator estimates the fuel cost savings possible by converting a fleet of any size to natural gas.
- Clean Energy’s blog offers insights, resources and trends shaping the road ahead for natural gas fuel for transportation. Natural gas fueling trends, advances in fueling technologies and NGV case studies spotlighting fleets operating cost-saving and cleaner natural gas vehicles are posted regularly. Click here to subscribe.
Natural gas fuel costs up to $1.50 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, nearly all natural gas consumed in North America is produced domestically.
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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.
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 Clean Harbors, Salt Lake County and refuse trucks servicing the City of Islip, 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, 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.