SEAL BEACH, Calif.--(BUSINESS WIRE)--
The Metropolitan Tulsa Transit Authority (MTTA) of Tulsa,
Oklahoma has awarded Clean Energy Fuels Corp. (Nasdaq: CLNE) a contract
to design, build, operate and maintain a compressed natural gas (CNG)
fueling station to support the agency's growing fleet of CNG-powered
buses and paratransit vehicles.
Slated to open in September 2011, the new Tulsa Transit fueling facility
will be equipped with 39 time-fill posts and one fast-fill CNG
dispenser. The new station, located at MTTA's vehicle maintenance
facility, will support the agency's accelerating program to replace 100%
of its diesel-powered bus fleet with clean, green, cost-efficient CNG
models. Currently Tulsa Transit deploys 63 fixed-route buses and 49
paratransit vehicles in a 197- square-mile area that includes the
communities of Tulsa, Jenks, Broken Arrow and Sand Springs. Annual
ridership tops 2.8 million passenger trips.
In 2011, Tulsa Transit expects to add 35 new CNG paratransit vehicles
and 15 CNG buses to its fleet, replacing diesel models as they are
retired from service this year.
Costing less than diesel, natural gas fuel produces up to 23% lower
greenhouse gas emissions in medium to heavy-duty vehicle applications.
U.S. Department of Energy reports estimate that 98% of the natural gas
consumed in the U.S. is sourced in the U.S. and Canada. Using natural
gas fuel can eliminate tons of emissions from entering the atmosphere
throughout the operating life of a typical bus fleet, while also
lowering a transit agency's operating costs significantly.
James Harger, Chief Marketing Officer, Clean Energy, said, "Tulsa
Transit places significant value on the reduced operating costs and
environmental benefits offered by natural gas. Across the United States,
Clean Energy is partnering with many leading public transit agencies
like Tulsa Transit to reliably fuel over 5,500 buses daily. We commend
the Metropolitan Tulsa Transit Authority for taking such strong,
positive action to bring the benefits of clean-burning natural gas fuel
to the communities they serve."
About Clean Energy Fuels — 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 market. It has
operations in CNG and LNG vehicle fueling, construction and operation of
CNG and LNG fueling stations, biomethane production, vehicle conversion
and compressor technology.
Clean Energy fuels over 21,200 vehicles at 224 strategic locations
across the United States and Canada with a broad customer base in the
refuse, transit, trucking, shuttle, taxi, airport and municipal fleet
markets. Clean Energy del Peru, a joint venture, fuels vehicles at two
stations and provides CNG to commercial customers in Peru. We own (70%)
and operate a landfill gas facility in Dallas, Texas, that produces
renewable natural gas, or biomethane, for delivery in the nation's gas
pipeline network. We are building a second facility in Michigan. We own
and operate LNG production plants in Willis, Texas and Boron, Calif.
with combined capacity of 260,000 LNG gallons per day and that are
designed to expand to 340,000 LNG gallons per day as demand increases.
NorthStar, a wholly owned subsidiary, is the recognized leader in
LNG/LCNG (liquefied to compressed natural gas) fueling system
technologies and station construction and operations. BAF Technologies,
Inc., a wholly owned subsidiary, is a leading provider of natural gas
vehicle systems and conversions for taxis, vans, pick-up trucks and
shuttle buses. IMW Industries, Ltd., a wholly owned subsidiary based in
Canada, is a leading supplier of compressed natural gas equipment for
vehicle fueling and industrial applications with more than 1,200
installations in 24 countries. 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
statements about the deployment of Tulsa Transit's CNG-powered buses and
CNG paratransit vehicles and the commencement of vehicle fueling
operations at the Tulsa Transit facility. 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 the
rate of CNG vehicle procurement by Tulsa Transit, the performance,
availability and price of CNG vehicles relative to gasoline and diesel
vehicles and permitting or other delays encountered during the
construction of the station. The forward-looking statements made herein
speak only as of the date of this press release and the company
undertakes no obligation to publicly update such forward-looking
statements to reflect subsequent events or circumstances.
for Clean Energy
News Media
Bruce Russell, 310/559-4955
x101
brussell@cleanenergyfuels.com
Investors
Ina
McGuinness, 805/427-1372
ina@mcguinnessir.com
Source: Clean Energy
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