HUNTS POINT, New York, July 10, 2019 –Clean Energy Fuels Corp. (Nasdaq: CLNE), the leading provider of natural gas fuel for transportation in North America, welcomed city officials, community leaders, and environmental advocates to the opening of its newest natural gas fueling station in Hunts Point—the first station in New York City to exclusively offer renewable natural gas (RNG) for medium- and heavy-duty vehicle fleets.
“A few blocks from here is Hunts Point Market, the largest food distribution center of its kind in the world, resulting in approximately 15,000 truck trips per day,” said Chad Lindholm, vice president of sales for Clean Energy. “This long-envisioned station will serve fleets operating in Hunts Point with a lower-cost alternative to diesel fuel that can lead to substantial reductions in truck-related pollution and greenhouse gas emissions.”
The Hunts Point station will exclusively offer Clean Energy’s Redeem™, the first commercially available RNG vehicle fuel derived from capturing biogenic methane emitted from decomposing organic materials at dairies, landfills, and wastewater treatment plants. Redeem enables at least 70 percent reduction in carbon emissions when displacing diesel or gasoline, according to California Air Resources Board estimates.
Trucks fueling with Redeem represent a significant reduction in greenhouse gas (GHG) emissions. For example, 100 trucks running on RNG can lower GHG as much as 9,294 metric tons annually. This is equivalent to planting 237,942 trees, removing 1,961 cars off the road or recycling 3,331 tons of waste that would otherwise be sent to the landfill.
“I applaud and congratulate Clean Energy today on making a renewable natural gas fueling station a reality for Hunts Point trucking fleets in the South Bronx. Natural Gas trucks, particularly ones fueled by renewable natural gas, have a tremendously low carbon footprint, which is important for communities disproportionately affected by diesel emissions,” said NYC DOT Bronx Borough Commissioner Nivardo Lopez. “The addition of this station now makes possible and plausible the transition of large portions of Hunts Point fleet industries to this cleaner, domestically produced fuel.”
“This new Hunts Point station is no ordinary fueling station. It is the first in the City to supply only the renewable form of natural gas made from waste,” said Joanna Underwood, founder, Energy Vision. “Private and public fleets that fill up here can provide their critical services with virtually no health-threatening air pollution or greenhouse gases. Bravo to Clean Energy for helping our City achieve its clean air and climate goals.”
Already preparing to fuel at the station are local fleets that operate natural gas-powered trucks including Baldor Specialty Foods, Manhattan Beer Distributors, and U.S. Concrete, which were on display at the grand opening.
“The new natural gas fueling station opening in Hunts Point is a great steppingstone to help move the trucking industry into the next generation of fueling options for our fleets,” said Baldor Express Transportation Manager Thomas Galm. “The availability of CNG in our area opens the opportunity for more fleets to add CNG-powered vehicles to their fleets where these options previously did not exist. We expect increased savings to our fuel budget as well as a greatly diminished carbon footprint for the environment.”
“Now that the Clean Energy station is in service in Hunts Point, we can continue increasing our CNG fleet,” said Juan Corcino, director of fleet operations, Manhattan Beer Distributors. “The station provides the support we need to confidently upgrade our fleet to 100% CNG.”
“This station is important to New York City’s Hunts Point Clean Truck Program, which long has been seeking ways to lower transportation-related pollution that contributes to unhealthful air in The South Bronx,” said Lindholm. “We’re pleased to fulfill the demand for clean, renewable natural gas within this major transportation hub in New York City.”
In addition to Hunts Point, Clean Energy operates four natural gas stations in New York City, consisting of stations at LaGuardia and JFK Airports, and two stations in Brooklyn.
About Clean Energy
Clean Energy Fuels Corp. is the leading provider of natural gas fuel and renewable natural gas (RNG) fuel for transportation in the United States and Canada, with a network of approximately 530 stations across North America that we own or operate. We build and operate compressed natural gas (CNG) and liquefied natural gas stations (LNG) stations and deliver more CNG, LNG and RNG vehicle fuel than any other company in the United States. Clean Energy sells Redeem™ RNG fuel and believes it is the cleanest transportation fuel commercially available, reducing greenhouse gas emissions by at least 70%. Clean Energy owns natural gas liquification facilities in California and Texas which produces LNG for the transportation and other markets. For more information, visit www.CleanEnergyFuels.com.
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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 benefits of RNG and 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 vehicles. 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.