— West Texas Transit Operator Uses over Three Million Gallons of Fuel
Annually to Provide 12 Million Passenger Trips —
SEAL BEACH, Calif.--(BUSINESS WIRE)--
Clean Energy Fuels Corp. (Nasdaq: CLNE) has been awarded a three-year
contract extension to supply LNG fuel to Sun Metro, the public transit
agency serving the City of El Paso, Texas and neighboring New Mexico
communities.
Clean Energy has been under contract to provide LNG fuel to Sun Metro
since December 2003, with fleet fuel consumption now topping three
million gallons annually. The LNG fuel supplied by Clean Energy is
converted on site at Sun Metro facilities to compressed natural gas
(CNG) fuel, which powers the Sun Metro fleet of 200 transit and
paratransit buses.
James Harger, Chief Marketing Officer, Clean Energy, said, "The
leadership of Sun Metro has long recognized the economic and
environmental benefits offered by natural gas fuel. We are pleased to
continue our supply relationship with Sun Metro, where we have provided
reliable fueling services for eight years, ensuring Sun Metro and its
riders that their buses roll out daily to meet community transportation
needs."
Costing less than diesel, natural gas fuel produces up to 23%-percent
lower greenhouse gas emissions in medium to heavy-duty vehicles. 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 prevent 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.
With 600 employees and an annual budget of over $60 million, Sun Metro
offers fixed route and paratransit bus services within the County of El
Paso, Texas and throughout the City of Sunland Park, New Mexico. Sun
Metro, the recipient of the American Public Transportation Association's
2011 Outstanding Public Transportation System Achievement Award,
provides service on more than 50 fixed routes, in a region that spans
250 square miles. Annually, Sun Metro transit buses log more than 12
million passenger trips and travel 60 million passenger miles.
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 22,700 vehicles at 238 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 and we plan to build 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 Sun Metro's annual rate of natural gas fuel consumption
and passenger miles and the economic and environmental benefits of
natural gas in comparison 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
fluctuations in Sun Metro's ridership, the performance, availability and
price of CNG vehicles relative to gasoline and diesel vehicles and the
price per gallon of natural gas fuel relative to diesel and gasoline.
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 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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