Clean Energy Signs Significant Deals in Trucking, Transit and Manufacturing
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--
Energy Fuels Corp. (Nasdaq: CLNE)
today released an update to its ROAD TO NATURAL GAS report with select
deal announcements of its growing portfolio of natural gas fuel
customers. Clean Energy continues to lead the natural gas transition
with recent deals in transit, trucking and now expands to manufacturing.
TRANSIT: LA Metro Signs 10-year Deal to Solidify Clean
Energy as Their Exclusive CNG Fuel Partner for the Nation's Largest
Clean Air Fleet
Metro Board approved a 10-year compressed natural gas (CNG)
station operation and maintenance contract with Clean Energy for four
of LA Metro's CNG
bus fueling stations. With this award, Clean Energy will continue
to operate and maintain all of the Agency's 10 CNG bus fueling
stations as well as an 11th station currently under construction by
Clean Energy anticipates compressing approximately 15 million gallons
of natural gas annually for the next 10 years to serve the four
stations named in this contract. Additionally, Clean Energy expects to
continue to compress approximately 21 million gallons of natural gas
annually for LA Metro's additional stations.
Here to Learn More
TRUCKING: Fox Transportation Signs Clean Energy's Largest Single
Order and Deployment of Medium-Duty CNG Trucks for Delivery Services in
the United States
Transportation signs fueling agreement and plans deployment of
over 100 CNG
trucks over the next several months which will fuel at Clean
Energy stations throughout Southern California.
Once fully deployed, the fleet is expected to consume approximately
600,000 diesel-gallons-equivalent of CNG fuel per year.
Fleet is anticipated to make approximately 900,000 deliveries annually
to hospitals throughout California, traveling over five million miles
Here to Learn More
MANUFACTURING: Clean Energy Signs First of its Kind Fuel
Deal with NG Advantage to Bring Natural Gas to Manufacturing and Other
Energy Intensive Users Beyond the Pipeline
Clean Energy Fuels and NG
Advantage partner in 10-year deal to construct a new natural gas
compression facility in central New Hampshire to expand reach to
manufacturing and other energy-intensive customers not on a natural
gas pipeline throughout New England and Eastern New York.
Operated by Clean Energy, the facility is intended to provide a
minimum of 10-million gasoline-gallons-equivalent of CNG per year.
This potentially represents more than double the CNG
fuel volume supplied by Clean Energy's highest-volume CNG station.
Here to Learn More
A VIEW FROM THE TOP:
An insider's look at what this means
for the Alternative Fuel Industry from Clean Energy's President and CEO, Andrew
"The perceived barriers and limitations of natural gas continue to be
eliminated as new users are seeing both the economic and environmental
advantage of transitioning to natural gas. What this could mean for the
natural gas industry and innovation is limitless and Clean Energy is at
the forefront of this wave as we push the boundaries of natural gas into
new industries and markets that only five years ago were simply not
for additional information and photos of all recent announcements.
About Clean Energy Fuels Corp.
Clean Energy Fuels Corp. (Nasdaq: CLNE)
is the largest provider of natural gas fuel for transportation in North
America. We build and operate compressed natural gas (CNG) and liquefied
natural gas (LNG) fueling stations; manufacture CNG and LNG equipment
and technologies for ourselves and other companies and develop renewable
natural gas (RNG) production facilities. For more information, visit http://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 statements about the amounts of natural gas fuel
expected to be provided to LA Metro, Fox Transportation and NG
Advantage, respectively. Actual results and the timing of events could
differ materially from those anticipated in these forward-looking
statements as a result of several factors. 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
Clean Energy Fuels Corp.
Director, Investor Relations
Source: Clean Energy Fuels Corp.
News Provided by Acquire Media
Close window | Back to top