NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Feb. 20, 2019--
Clean
Energy Fuels Corp. (Nasdaq: CLNE)
announced an increased demand for renewable natural gas (RNG) from the
refuse sector, particularly in California, where refuse trucks are
fueled by the very solid waste they haul.
The City of Fresno signed a two-year agreement with Clean Energy for renewable
liquified natural gas (RLNG) to power approximately 140 refuse
trucks with its Redeem™ brand RNG for an anticipated annual total of
1.6 million LNG gallons, the equivalent of just over one million GGEs.
Redeem is the first commercially available RNG vehicle fuel. It is
derived from capturing biogenic methane that is naturally
sourced by the decomposition of dairy and landfill waste. Redeem
enables at least 70 percent reduction in carbon emissions when
displacing diesel or gasoline, according to California Air Resources
Board (CARB) estimates.
The City of Long Beach has entered into a new two-year contract to fuel
77 vehicles with an expected 225,000 GGEs of Redeem, including its 35
LNG refuse trucks.
NASA Services in Montebello has opted to power its growing CNG refuse
fleet of 50 vehicles with an approximate 400,000 GGEs of Redeem, while
neighboring Arrow Services in La Puente will fuel 30 trucks with an
anticipated 250,000 GGEs.
Burrtec in Riverside County has inked a deal to fuel its transfer truck
fleet with an anticipated 350,000 GGEs of Redeem from a public access
station that Clean Energy operates in Riverside.
Outside of California, the City
of Spokane, Wash. has renewed a second option for operations and
maintenance, along with an expected 250,000 GGEs of Redeem annually to
power 40 waste trucks.
Groot Recycling and Waste, a Waste Connections Company in the greater
Chicago area, has signed an agreement for approximately 890,000 GGEs of
CNG to power 86 trucks.
Waste Pro Leads in Sustainability
Clean Energy continues to support Waste Pro USA’s $100 million
commitment to transition its refuse fleet from diesel fuel to
clean-burning CNG with the growth of its Pompano Beach, Fla. fueling
station. The station
expansion will allow Waste Pro to increase its natural gas usage by
an anticipated 220,000 GGEs of CNG to accommodate an additional 22 waste
vehicles. Clean
Energy operates and maintains several of Waste Pro’s CNG stations
throughout FL and the Southeast.
“We’re excited to once again expand our CNG footprint throughout South
Florida and continue to be a leader in Sustainability,” said Russell
Mackie, regional vice president, Waste Pro USA. “We’re invested in the
communities we serve, and this will help to substantially reduce
emissions.”
In Fort Pierce, Fla. Waste Pro has extended its repair and maintenance
contract for two years, renewing its fuel commitment for an estimated
575,000 GGEs of CNG.
‘Best Fleet’ Expansion
Long-time Clean Energy partner DeKalb County in Stone Mountain, Ga. has
expanded its CNG
consumption by an expected 350,000 GGE increase in 2019 to power more
than 45 new refuse trucks. With its total number of natural gas vehicles
now over 200, the DeKalb County Fleet Management Department was ranked
#1 by “The 100 Best Fleets in the Americas™” out of 38,000 public fleets
in North America. Clean Energy operates and maintains both public access
stations for the County and has provided fueling services for over eight
years.
Growth in Transit
Serving urban regions outside of Metro Vancouver with a fleet of over
1,000 transit vehicles, BC
Transit will be introducing 60
CNG buses at its new Abbotsford, BC transit yard when it is
completed in early 2020. This will increase the agency’s annual volume
by an anticipated 500,000 GGEs. The municipal fleet operates in 130
communities and serves 51 million riders each year. Clean Energy built
and now maintains BC Transit’s three existing CNG stations.
The Port
of Seattle has entered into a new contract that includes an
estimated 400,000 GGEs of CNG annually to fuel 45 airport
shuttle buses, along with repair and maintenance services.
Sun Metro in El Paso, Texas is expected to add 40 CNG buses in 2019 as
it continues to grow its Brio Bus Rapid Transit System. These buses will
be launched on the Alameda and Dyer corridors and will enable residents
to take advantage of this high-quality transit service that offers
similar benefits to light rail transit, such as improved speed and
reliability, but at a much lower implementation cost.
“From waste to transit, fleets are making significant investments in RNG
because it offers price stability, lowers maintenance costs, and can reduce
carbon emissions 70 percent or more,” said Chad Lindholm, vice
president, Clean Energy. “With more cities banning diesel and switching
to clean alternatives, natural gas is a readily-available solution that
can be adopted immediately at a considerable savings.”
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.
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 amounts of
RNG and natural gas fuel expected to be consumed and 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190220005019/en/
Source: Clean Energy Fuels Corp.
Clean Energy Contact:
Raleigh Gerber
949-437-1397
raleigh.gerber@cleanenergyfuels.com
Investor Contact:
investors@cleanenergyfuels.com