City of Torrance Announces Multi-Year Contract with Clean Energy for Redeem™ Renewable Natural Gas

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TORRANCE, Calif.--(BUSINESS WIRE)-- Clean Energy Fuels Corp., (NASDAQ: CLNE) announced that the City of Torrance has awarded Clean Energy a new multiyear compressed natural gas (CNG) contract to fuel its fleet of vehicles. The six-year deal, which calls for 550,000 gasoline gallon equivalents (GGEs), will enable the city to use Clean Energy’s Redeem™ brand of renewable natural gas (RNG), rated up to 70 percent cleaner than diesel and considered the cleanest transportation fuel available. The city made the decision to convert its fleet of buses to RNG as part of its commitment to meeting goals set in their Energy Efficiency Climate Action Plan.

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Torrance, which is bordered by some of the highest congested transportation corridors including the Ports of Los Angeles and Long Beach, is deeply committed to ensuring it does its part in reducing greenhouse gas (GHG) emissions from their neighborhoods. The Torrance Transit System recently announced that it had become a 100% Alternative Fuel Bus Fleet.

“The City of Torrance strongly believes we owe it to our community to operate in the most environmentally-responsible manner possible. By fueling our fleet with Redeem, we are able to decrease the amount of GHG emissions that are emitted into the air that everyone breathes, and ensures we help provide a healthy community for our citizens to call home,” said Kim Turner, Director of Transit for the City of Torrance. “Our conversion to a 100% alternative fuel fleet would not have been possible without the partnership we have developed with Clean Energy. We are proud to be able to utilize Redeem to fuel our vehicles.”

Clean Energy completed the construction of the city’s CNG station in January of 2015 in order to support the transit department. The transit department consumes over 500,000 GGEs per year and the use of CNG has allowed the city to experience nearly a $1 savings for every gallon of fuel.

Clean Energy believes that Redeem™ is the cleanest transportation fuel commercially available in the U.S. according to EPA data regarding carbon emissions for transportation fuel. Redeem™ is a renewable natural gas vehicle fuel, often referred to as biomethane. It is derived from biogenic methane or biogas, which is methane that is naturally generated by the decomposition of organic waste. The methane gas is processed, purified and sent into the interstate natural gas pipeline and made available exclusively to Clean Energy customers. Redeem™ biomethane vehicle fuel is procured from biomethane production facilities, including two owned and operated by Clean Energy.

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 percent. For more information, visit www.CleanEnergyFuels.com.

About the City of Torrance

Torrance is the eighth largest city in Los Angeles County nestled in the heart of the Los Angeles County’s South Bay community. Over 147,000 people reside in Torrance’s 21.2 square miles with its daytime population increasing to over 200,000 due to its strong business community, vibrant community life and proximity to downtown Los Angeles, the ports of Los Angeles, Long Beach, other beach cities and destination spots. It is a city that competes globally through its myriad of assets: diverse residents, flourishing businesses and safe communities wherein a multitude of activities, events and programs may be enjoyed by almost anyone.

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.

Released November 16, 2016