Clean Energy Co-Founder T. Boone Pickens Joins Government Officials to Dedicate New CNG Refuse Truck Fueling Station in San Antonio, Texas
SEAL BEACH, Calif., Jan 14, 2009 (BUSINESS WIRE) --
The City of San Antonio, Texas, and Clean Energy Fuels Corp. (Nasdaq:CLNE) co-hosted special ceremonies on Wednesday Jan. 14 to dedicate the City's new compressed natural gas (CNG) station that will provide clean, domestic CNG fuel to the City's expanding fleet of natural gas refuse trucks.
The City contracted with Clean Energy to design and construct the new CNG refuse truck fuel station, located at the Northeast Service Center, 10303 Toolyard Road in San Antonio. Clean Energy's operation and maintenance contract is for five years with a five-year option. The City used federal and state funding opportunities to assist with CNG station and new vehicle expenses, including a grant from the Texas Commission on Environmental Quality to help offset station construction costs.
Guest speakers at the Jan. 14 station dedication ceremony included: T. Boone Pickens, Clean Energy co-founder and board member; City of San Antonio Mayor Phil Hardberger; City Manager Sheryl Sculley; and David McCary, City Director of Environmental Services.
Mr. Pickens said, "A growing number of local governments are recognizing the important role they play to help reduce our foreign oil dependency through greater use of domestic resources such as natural gas. I certainly applaud San Antonio's leadership in that regard. This will lead to significant economic and environmental benefits long term that cannot be underestimated."
San Antonio will operate a fleet of 30 CNG-powered refuse trucks by March 2009 and could significantly increase its CNG fleet size in the coming years.
Clean Energy is the leading provider of natural gas (CNG and LNG) for transportation in North America. It has a broad customer base in the refuse, transit, ports, shuttle, taxi, trucking, airport and municipal fleet markets, fueling more than 14,000 vehicles daily at over 170 strategic locations across the United States and Canada. Clean Energy owns and operates two LNG production plants, one in Willis, TX and one in Boron, CA, with combined capacity of 260,000 LNG gallons per day and designed to expand to 340,000 LNG gallons per day as demand increases. It also owns and operates a landfill gas facility in Dallas, TX that produces renewable methane gas or biogas for delivery in the nation's gas pipeline network. Please 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 statements about the growth of the CNG fleet in San Antonio. 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 he availability of funding for the purchase of CNG vehicles, the availability of CNG vehicles generally or the overall demand for municipal services in San Antonio. 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.
SOURCE: Clean Energy Fuels Corp.
For Clean Energy Fuels Corp.
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Bruce Russell, 310-559-4955 x101
brussell@cleanenergyfuels.com
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