Clean Energy Fuels Corp.
Aug 11, 2016

Clean Energy Selected as Preferred Vendor for Cummins Facility Modifications; Opens Multiple Stations and Extends Long-Term Contracts

NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- Clean Energy Fuels Corp. (NASDAQ: CLNE) announced that it has been selected as a supplier to provide natural gas upgrades to facilities in Cummins Inc.'s Distribution Business Unit across North America. This will allow Clean Energy to assist Cummins with their continued support for natural gas vehicle implementations.

Clean Energy's Facility Modification Services (FMS) provides natural gas facility assessments and design/build services for the natural gas industry assisting customers in North America. The group works with public and private agencies to support their transition and opportunities the natural gas vehicles provide.

Clean Energy FMS is also installing its proprietary NGV Easy Bay™ for a Ryder System, Inc. facility in Jeffersonville, Indiana. The NGV Easy Bay™, the first code-compliant industrial fabric barrier system, is scalable and can accommodate a single bay isolation project, or be used to divide a large building into multiple bays. It is retractable for easy storage and can even be relocated to another facility.

The FMS team is also providing design and build services for three McNeilus Truck & Manufacturing facilities, and anticipates beginning construction in early 2017.

In addition to the expanding FMS business, Clean Energy announced the following agreements in the Trucking, Transit and Refuse sectors:

Trucking

Transit

Refuse

In addition to these projects, Clean Energy Fuels announced it obtained $19.5 million in grant funding during the second quarter of 2016. The grants, awarded by multiple states, provide funding to Clean Energy and its customers for 369 natural gas vehicles and a station construction project. The award includes a $1.4 million grant by the Texas Commission on Environmental Quality for Ruan Transportation Management Systems to purchase 27 CNG class-8 trucks. Ruan is one of the largest, family-owned transportation providers in the country and provides dedicated contract transportation and supply chain solutions to customers across the country.

Natural gas fuel costs less than gasoline or diesel, depending on local market conditions. The use of natural gas fuel also reduces greenhouse gas emissions up to 21 percent and up to 90 percent with the use of renewable natural gas. In addition, nearly all natural gas consumed in North America is produced in North America.

About Clean Energy

Clean Energy Fuels Corp. (Nasdaq: CLNE) is the leading provider of natural gas fuel for transportation in North America. We build and operate CNG and LNG fueling stations; manufacture CNG and LNG equipment and technologies; develop RNG production facilities; and deliver more CNG and LNG fuel than any other company in the U.S. Clean Energy also sells Redeem™ RNG fuel and believes it is the cleanest transportation fuel commercially available, reducing greenhouse gas emissions by up to 90%. For more information, 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 without limitation statements about numbers of vehicles expected to be deployed, amounts of natural gas fuel expected to be consumed, the completion of natural gas upgrades and vehicle facilities, and the benefits of 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, the cost and operating experience associated with natural gas vehicles, and permitting and other factors affecting construction. 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 release.

Clean Energy Media Contact:
Jason Johnston
949-437-1411
jason.johnston@cleanenergyfuels.com
or
Clean Energy Investor Contact:
Tony Kritzer
949-437-1403
tkritzer@cleanenergyfuels.com

Source: Clean Energy Fuels Corp.

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