Continues Momentum of Station Construction Projects from 2016
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--
Energy Fuels Corp., announced that it has signed a fueling agreement
Valley Express, an express shipping company based out of Manteca,
California, that has purchased nine Heavy-Duty trucks equipped with the
new CWI 9L
ISL G Zero NOx natural gas engine. The fueling agreement will allow
Mountain Valley to use Clean Energy's Redeem™
brand of renewable natural gas (RNG) vehicle fuel for the new trucks.
These revolutionary engines reduce smog forming NOx emissions by 90%
over the current EPA standard, and when combined with Redeem™, have 70%
less greenhouse gas (GHG) emissions than diesel trucks.
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"At Mountain Valley Express our motto is "Go Green", and I can think of
no better way to demonstrate our commitment to the environment and
reducing our footprint, than by having these trucks use Redeem™," said
James Scott Blevins, President and CEO of MVE.
With a NOx emissions level of .02g/bhp-hr, the California Air Resources
Board has defined this zero emissions level as equivalent to a 100%
battery truck using electricity from a modern combined cycle natural gas
power plant. Beginning in 2018, CWI will begin producing a 12-Liter
version of the engine.
"Thanks to technology advancements and the use of renewable natural gas,
the transportation industry has come a long way in reducing the amount
of NOx and GHGs that are emitted," said Andrew J. Littlefair, president
and CEO of Clean Energy. "Mountain Valley Express is showing great
leadership by being one of the first trucking companies to convert to
the new zero-equivalent engine and Redeem™ renewable natural gas and is
truly living up to their motto of "Go Green".
In addition to new fuel agreements, Clean Energy has been contracted to
construct multiple fueling stations in early-2017. Some of these include:
Clean Energy was contracted to design and build a CNG fueling station in
Grand Junction, Colorado for Mesa County, Colorado and Grand Valley
Transit. The station is expected to fuel up to 30 CNG transit buses, 21
refuse and street sweeping trucks and be open 24/7 for the public. The
station is anticipated to dispense approximately 530,000 gasoline gallon
equivalents (GGEs) per year and is scheduled to open mid-summer 2017.
Clean Energy has been awarded a design and build contract by Schwarz
Ready Mix for a station located in Edmond, Oklahoma. The site,
expected to dispense an estimated 300,000 GGEs per year, is the second
station Clean Energy has built for Schwarz. The first station is located
in Oklahoma City and was completed in 2015.
In addition to these construction projects, Clean Energy announced the
following agreements in the Trucking,
SuperValu, a grocery industry leader with over 35,000 employees and
3,420 stores throughout the United States, has signed a fueling
agreement with Clean Energy to use its network of stations in
Pennsylvania, Virginia, Maryland, New York and Maryland. The grocer,
which operates a fleet of CNG trucks throughout their network, is
expected to use up to 100,000 GGEs of natural gas per year.
Castan Inc., a drayage truck operator based out of Edgewood, WA which
operates in the Ports of Seattle and Tacoma, has signed a fueling
contract with Clean Energy to fuel out of its Fife, Washington
station. The station consists of two LNG fast-fill pumps, and is open
to the public 24/7. Castan Inc., is expecting to be operating with
100% LNG trucks by the end of 2017.
Clean Energy and Shipley Energy announced the opening of the first
natural gas fueling station in York County, Pennsylvania. The station,
located at the Pacific Pride fueling station at 714 Loucks Mill Road
in York, PA is open 24/7 and is available to the public. The station
was designed and built by Clean Energy, and will utilize quick-fill
CNG dispensers to service fleets like Shipley Energy and Bimbo
Bakeries, who combined are expected to use an estimated 210,000 GGEs
The University of California Los Angeles (UCLA) has awarded Clean
Energy a fueling contract to provide Redeem™ RNG for its on-campus
Bruin Bus fleet. The transit fleet will fuel at its private fleet
fueling station and use an estimated 80,000 GGEs per year.
Muskegon Area Transit Authority, located in Muskegon, Michigan, has
signed a two-year agreement with Clean Energy for operations and
maintenance services at its Muskegon station. The station has an
expected annual volume of 83,500 GGEs per year and is the first
transit station contract for Clean Energy in the state.
Vectren Energy, the natural gas utility in southwestern Indiana, has
signed a three-year operations and maintenance agreement with Clean
Energy for its public access station in Evansville, Indiana. The CNG
station dispenses approximately 60,000 GGEs per year.
The Tucson International Airport has awarded Clean Energy a five-year
lease extension for its natural gas fueling station. In addition to
airport service vehicles, the station provides fuel to vehicles from
Waste Management and the City of Tucson.
AirServe, a leading airport logistics provider, has awarded Clean
Energy a fueling contract for operations at Los Angeles International
Airport. AirServe will fuel 20 passenger transportation vehicles for
operations with American Airlines.
Phoenix Super Shuttle has extended its contract with Clean Energy to
fuel 20 transit vans for operations at Phoenix Sky Harbor
International Airport. The vans will use approximately 200,000 GGEs
per year and fuel at Clean Energy's public station.
Clean Energy has a three-year operations and maintenance contract with Recology,
one of the largest private refuse fleets in the country, for their two
CNG stations located in Brisbane and Gilroy, California. The two
stations, built by Clean Energy are estimated to dispense
approximately 300,000 GGEs per year to start and will support over 50
natural gas refuse trucks.
EJ Harrison, one of the oldest and largest privately owned trash
collection businesses in the United States, signed a 10-year
operations and maintenance agreement with Clean Energy, as well as a
fueling agreement for Clean Energy's Redeem™ RNG fuel. EJ Harrison
operates out of Ventura, California and is expected to use
approximately 125,000 GGEs in the first year of operations.
The City of Bakersfield has awarded Clean Energy a fuel supply deal to
serve its two refueling locations with LNG. The city is anticipated to
use approximately 760,000 GGEs per year. Clean Energy currently
provides operations and maintenance services for the both of the
Clean Energy has signed a LNG fueling contract with Burrtec
Waste Industries, one of the largest private solid-waste companies in
California. Clean Energy will transport approximately 190,000 GGEs of
LNG to Burrtec's facility in Palm Desert, California each year.
In addition to these agreements, Clean Energy announced that it has
recently secured $3.5 million in grant
funds for 22 of its customers in California. The grants, provided by
the California Energy Commission, are part of the Natural Gas Vehicle
Incentive Program (NGVIP) and will assist with the purchase of 186
natural gas vehicles this year.
In 2016, Clean Energy secured a total $40.5 million in grants for its
customers, including funds for CNG station
construction projects and the purchase of over 700 NGVs for
customers in 12 states and Canada.
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 70 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 vehicle fueling stations; manufacture CNG and LNG
equipment and technologies; develop RNG production facilities; and
deliver more CNG and LNG vehicle 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 70%. 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 numbers of
vehicles expected to be deployed, amounts of natural gas fuel expected
to be consumed 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
View source version on businesswire.com: http://www.businesswire.com/news/home/20170207005614/en/
Clean Energy Media Contact:
Jason Johnston, 949-437-1411
Energy Investor Contact:
Tony Kritzer, 949-437-1403
Source: Clean Energy Fuels Corp.
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