NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Jul. 10, 2018--
Energy Fuels Corp. (Nasdaq: CLNE)
announced that Brookhaven,
NY, a municipality that moved away from diesel to compressed natural
gas (CNG) 10 years ago, has extended Clean Energy’s contract for another
five years. Brookhaven is taking its sustainability efforts to a new
level by becoming Clean Energy’s first customer in New York to move to Redeem™
renewable natural gas (RNG), the cleanest fueling option available,
with an expected volume of 550,000 gasoline gallon equivalents (GGEs)
annually to power 80 new refuse
and recycling trucks. Clean Energy began its relationship with the Long
Island community in 2008 when it designed, built, and began operating
the natural gas truck fueling station that serves Brookhaven, one of the
most densely populated areas in the country.
Three California municipalities have awarded new multi-year contracts to
Clean Energy. This includes liquefied
natural gas (LNG) supply and maintenance
services for both the City
of Redlands and the City of San Bernardino. The total expected
volume from these two municipal stations is over 800,000 GGEs per year.
Additionally, the City of Beverly Hills has signed a 5-year RNG supply
contract for its private time fill station that fuels an expanding
In Bellefonte, PA, Clean Energy has doubled its fueling station’s volume
annually. Rev Hoopes Trucking plans to fuel its CNG
tractors with an expected 240,000 GGEs total volume annually. Advanced
Disposal, which owns and operates the landfill and the Centre County
Recycling & Refuse Authority (CCRRA), which owns and operates the
Transfer Station, has mandated that CNG transfer tractors be used to
transport waste and recyclables between the two locations.
Blue Diamond Disposal added seven new CNG trucks to its station in Mt.
Arlington, NJ, bringing the total fleet to 45 refuse trucks. The
additional annual volume is expected to be 70,000 GGEs.
TFC Recycling, one of the largest area haulers in the Mid-Atlantic
region, has continued to grow its CNG operation over the years. The
company chose to renew its maintenance agreement and has plans to expand
into new markets, relying on Clean Energy station operations as an
integral part of its strategy.
Growth in Fleet Services
Atlantic County Utilities Authority also added seven new CNG trucks to
its station in Egg Harbor Township, NJ. The additional annual volume is
expected to be an estimated 84,000 GGEs.
Long-term Clean Energy customer Tidewater Fiber Corporation in Virginia
extended its maintenance service agreement. Its trucks are expected to
consume 600,000 GGEs annually.
New in Transit
Clean Energy has inked a multi-year contract to supply Redeem to the
North County Transit District, which operates public transit service
throughout North San Diego County. The agency has 163
buses, two CNG fueling stations, and uses approximately 1.5 million
In Redondo Beach, California, Clean Energy won a contract to design,
build, operate, and maintain a CNG station that consumes 150,000
GGEs annually to power 30 CNG vehicles. In other new business, The
Victor Valley Transit Authority, also in California, has signed an LNG
supply agreement for its Barstow station for over 400,000 GGEs of Redeem
annually to fuel its 60 buses.
Southwest Transportation Agency, a California joint powers authority
that operates a fleet of 100 school buses, signed a new 3-year LNG
supply agreement and extended its existing maintenance agreement with
Clean Energy. Expected volume of Redeem is 250,000 GGEs annually.
Advancements in Transit
County Transportation Authority in California has renewed its
maintenance contract with Clean Energy for its Irvine Sand Canyon
facility, which fuels more than 150 buses consuming over 1.5 million
GGEs of Redeem annually. Longtime Clean Energy customer, the City
of Phoenix has renewed its LNG supply agreement for three sites,
totaling over 5 million GGEs of Redeem annually to fuel nearly 500 LNG
and CNG buses.
of Culver City, which operates CNG public transit, refuse, and other
municipal fleet vehicles at its station, signed with Clean Energy to
provide over 700,000 GGEs of Redeem annually. Clean Energy also made
modifications to the Culver City station, upgrading its compressors.
“Cities are seeking ways to improve the environmental
impact of their vehicles and shield themselves from volatile diesel
prices,” said Chad Lindholm, vice president, Clean Energy. “RNG, the cleanest
fuel available today, is the logical choice of municipal fleets from
a variety of geographic regions and markets.”
About Clean Energy
Clean Energy Fuels Corp. is the leading provider of natural gas fuel and
renewable natural gas (RNG) fuel for transportation in North America. We
build and operate compressed natural gas (CNG) and liquefied natural gas
(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 up to 70 percent. 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 amounts of
natural gas fuel expected to be consumed 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,
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
View source version on businesswire.com: https://www.businesswire.com/news/home/20180710005309/en/
Source: Clean Energy Fuels Corp.
Clean Energy Contact:
Raleigh Gerber, 949-437-1397