— New CNG Fueling Facilities Are Slated for Tampa, New York City, New
Orleans and Philadelphia Airports —
SEAL BEACH, Calif.--(BUSINESS WIRE)--
Clean Energy Fuels Corp. (Nasdaq: CLNE) has signed long-term agreements
with four major airport complexes in four states to design, build, own
and operate new compressed natural gas ("CNG") stations to support
ground transport vehicles and off-airport parking shuttles. The new
Clean Energy stations, available 24/7 for public access, will be located
in Tampa, Florida; New York City, New York; New Orleans, Louisiana; and
Philadelphia, Pennsylvania.
"With these new agreements, the number of major airports that Clean
Energy supports with CNG fueling services will increase from the current
23 to 27. Airports and allied ground transport services have become
magnets for natural gas vehicle usage of all types in response to the
need to curtail emissions, decrease fuel costs, and reduce dependence on
imported oil," said James Harger, Chief Marketing Officer, Clean Energy.
"We welcome this opportunity to support forward-looking airport fleet
operators and off-airport parking leaders as they transition their
fleets to natural gas power."
Currently priced significantly less than diesel, natural gas fuel
produces up to 30% lower greenhouse gas emissions in light-duty vehicles
and 23% percent lower 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.
Tampa, Florida International Airport
At Florida's Tampa International Airport, the Clean Energy public access
facility will support the airport's expanding fleet of low carbon, low
emission CNG passenger and employee transit buses, as well as
off-airport hotel and parking shuttle fleets. Tampa International will
be the first airport in Florida to implement CNG power for its ground
transportation vehicle fleets.
John F. Kennedy International Airport, New York
City
Clean Energy has contracted with JFK AP, LLC to develop, own and operate
a new CNG fueling station at the Airport Plaza convenience store and
fueling center adjacent to JFK International Airport. The station,
located on land owned by the Port Authority of New York and New Jersey,
will be available 24/7 for public access. It will support JFK's
expanding on-airport CNG-powered ground transport vehicle fleets,
off-site Parking Spot CNG shuttle buses, taxis and other CNG vehicles
operating in the area.
Louis Armstrong New Orleans International
Airport, Louisiana
Clean Energy has contracted for a new CNG fueling station adjacent to
Louisiana's New Orleans International Airport on property leased by
off-airport shuttle operator Park N' Fly. The station will provide CNG
fueling services to Airport Authority-operated shuttle vehicles,
CNG-powered taxis, and varied off-airport parking shuttle fleets,
including the Park N' Fly fleet.
Philadelphia, Pennsylvania International Airport
The new Clean Energy Philadelphia Airport CNG fueling station will be
located on property owned by Wallypark, a national off-airport parking
shuttle operator. The station will be available 24/7 for public access
and will provide CNG fueling services to Airport Authority-operated
shuttle vehicles, CNG-powered taxis, and varied off-airport parking
shuttle fleets, including the Wallypark CNG shuttle fleet.
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 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,
and we plan to build 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 rate of CNG vehicle procurement and deployment by airports,
off-airport hotels and parking shuttle fleets and the timing of the
commencement and completion of construction of the stations. 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 performance, availability and price of CNG
vehicles relative to gasoline and diesel vehicles, the price per gallon
of CNG relative to diesel and gasoline and permitting or other delays
encountered during construction of the stations. 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.
Clean Energy Fuels Corp.
News Media
Bruce Russell,
310-559-4955 x101
brussell@cleanenergyfuels.com
or
Investors
Ina
McGuinness, 805-427-1372
ina@mcguinnessir.com
Source: Clean Energy Fuels Corp.
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