Redeem™ Flowing at Stations for Trucking, Airports, Refuse, and
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--May 7, 2019--
The demand for clean, cost-effective renewable
natural gas (RNG) as a transportation fuel continues to rise as Clean
Energy Fuels Corp. (Nasdaq: CLNE)
announced it has reached agreement with trucking firms to lease or
purchase more than 250 new heavy-duty trucks, fueled by its Redeem™ RNG.
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Fleets are rolling out more than 250 new natural gas heavy-duty trucks through Clean Energy's Zero Now program. (Photo: Business Wire)
Clean Energy’s Zero Now program makes the cost of leasing or
purchasing a new natural
gas heavy-duty truck equal to the price or even lower than that of
the same truck equipped with a diesel engine. In addition, truck fleets
financed or purchased through Zero Now will be able to purchase
Redeem fuel with a fixed discount to diesel at a significant spread.
With financing made available by Zero Now, along with grant
programs available in many states, trucking companies are rolling
out trucks equipped with the new Cummins-Westport (CWI) ultralow NOx
ISX12N natural gas engine, which provide the same torque and reliability
as their diesel counterparts. The ISX12N is certified by California Air
Resources Board (CARB) to reduce smog-forming NOx emissions by 90
percent compared to the current engine standard. RNG reduces climate
pollutants such as greenhouse gas, which takes carbon emissions
completely out of trucking.
“We are seeing a positive response to this program as fleets are
discovering the advantages of Zero Now when seeking a clean,
affordable renewable fuel option that combats air pollution and climate
change,” said Andrew J. Littlefair, president and CEO, Clean Energy.
“This early adoption is particularly encouraging because it’s an
endorsement of Near-Zero technology and the high level of performance it
Fleets Take Delivery of Near-Zero Trucks
Among the first fleets taking delivery is Kenan Advantage Group, the
nation’s largest leading bulk carrier, which has added 24 new near-zero
trucks to its fleet through Zero Now. Kenan Advantage Group will
be deploying its natural gas tractors in the company’s Merchant Gas
Group that transports industrial gases. The company will also be
utilizing renewable natural gas where available for this deployment.
“Clean Energy’s Zero Now is a win-win. It has provided us with an
opportunity to bring the cost of a natural gas truck at parity with a
diesel truck while offering a guaranteed fuel discount for five years,”
said Bruce Blaise, president and CEO, Kenan Advantage Group.
TTSI is taking delivery of 40 RNG trucks, Freight Line Express is
awaiting delivery of 12 trucks, Supra National Express has eight on tap,
and Romans Trucking with six. Freshlink and Tradelink Transport have
also taken advantage of the program by leasing new heavy-duty natural
More Redeem for California Airports
Redeem is the first commercially available RNG vehicle fuel. It is
derived from capturing biogenic methane that is naturally produced by
the decomposition of dairy, landfill, and wastewater treatment plant
waste. Redeem enables at least 70 percent reduction in carbon emissions
when displacing diesel or gasoline, according to CARB estimates.
Los Angeles International Airport has signed a contract to power 31
shuttle buses with Redeem for an expected 2,500,000 gallons over the
life of the buses.
The County of Orange Public Works Department has signed a 5-year
agreement with Clean Energy for the operations, maintenance and
retailing of its public station which will result in dispensing a
projected 750,000 gallons of Redeem.
Los Angeles World Airports (LAWA) has signed a two-year extension option
for Clean Energy to supply an estimated 200,000 gallons of liquified
natural gas (LNG) to power its airport bus fleet.
The County of Sacramento has entered into a contract to fuel its airport
vehicles and school buses at two stations, for which Clean Energy will
provide an expected 300,000 gallons of Redeem fuel, along with repair
and maintenance services.
Growth in Transit Volume
Clean Energy won a renewal 3-year maintenance contract with the City of
Fresno with two option years. The City uses approximately 2,000,000
gallons a year and has 112 compressed natural gas (CNG) buses.
The Los Angeles County Metropolitan Transportation Authority (LA Metro)
put 41 new CNG buses into service that will fuel at Clean Energy
stations. They are expected to use nearly 5,000,000 gallons of Redeem
over their 12-year lifecycle. Clean Energy also signed a long-term
contract to provide nearly 2,000,000 gallons of Redeem annually at its
City of Santa Clarita Stations.
Refuse Stations Expand Capacity
Long-standing customer Livermore Sanitation has executed a contract to
upgrade its station, which was originally built by Clean Energy 10 years
ago. In addition to adding a new compressor, the station will be
outfitted with nine time-fill hoses so it can fill its expanded fleet of
35 refuse trucks in a timely manner. Clean Energy will continue to
provide operations and maintenance and RNG supply following the station
USA Hauling and Recycling has executed its fourth CNG station with Clean
Energy contract to build and operate a new 30-truck time-fill CNG
station at its Waterbury, CT facility. These 30 new CNG refuse trucks
will use an anticipated 400,000 gallons annually.
Clean Energy was awarded a contract from the City of Philadelphia to
perform its CNG garage modifications, as well as build and operate a new
42 truck time-fill CNG station at the City’s 3033 South 63rd
Street facility. These 42 new refuse trucks are anticipated to use
220,000 gallons annually.
Long-time customer Solterra Recycling Solutions, a division of Central
Jersey Waste, renewed Clean Energy’s agreement for an additional five
Clean Energy has executed a one-year retail fuel contract with the City
of Sacramento for a projected 350,000 gallons of Redeem to power its
growing CNG refuse trucks at two retail sites.
Clean Energy was awarded City of Redlands RLNG supply contract for its
public access natural gas station. The contract is for one year with two
single year options and approximately 500,000 GGEs per year.
Additionally, the County of Sacramento has signed a one-year maintenance
contract with two single year options to support its refuse fleet. The
station dispenses approximately 550,000 GGEs annually.
The City of Tacoma, WA is negotiating a multi-million dollar contract
with Clean Energy following its RFP equipment solicitation to upgrade
the City’s CNG station. The City plans to complete the significant
station upgrade by the end of 2019 and has extended its maintenance
contract with Clean Energy.
Bringing Natural Gas to Underserved Region
Clean Energy has entered into a 3-year fuel agreement with Rawhide
Leasing who is providing natural gas service to the City of Mesquite, NV
through a virtual pipeline by transporting an estimated 600,000 total
gallons to supply fuel to the fast-growing young city. Rawhide Leasing
will be fueling its trailers at Clean Energy’s public access fueling
stations in Las Vegas.
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.
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, the number of natural
gas vehicles to be deployed 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
View source version on businesswire.com: https://www.businesswire.com/news/home/20190507005084/en/
Source: Clean Energy Fuels Corp.
Clean Energy Contact: