Clean Energy to Open Four New Natural Gas Fueling Stations; Announces Multiple Fueling Agreements and Receives Industry Accolades

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NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- Clean Energy Fuels Corp. (NASDAQ: CLNE) today announced fueling has begun at two new compressed natural gas (CNG) fueling station in Southern California as well as two new truck-friendly CNG stations in Lake Havasu City, Ariz., and Kansas City, Kan. The company also received industry recognition for its new NGV Easy Bay® from Heavy Duty Trucking Magazine as well as the top transit engineering honor at the Canadian Deputy Minister’s Consulting Engineers Awards. Additional agreements representative of Clean Energy’s growing portfolio of natural gas fueling customers were also announced.

Trucking

Seaboard Transport Expands CNG Fueling at Two New Truck-friendly Stations

  • Seaboard contracted to increase its CNG fueling by an anticipated 240,000 DGEs annually for its expanded fleet of 58 heavy duty natural gas trucks.
  • Clean Energy will open heavy duty truck-friendly stations in Lake Havasu City, Ariz., and Kansas City, Kan. The fleet currently fuels throughout Clean Energy’s network of stations in Calif., Ariz., N.M., Colo., Texas, Ill., Ind., Ohio and Va.

Potelco Signs LNG Fueling Agreement

  • Clean Energy to fuel approximately 75 heavy duty liquefied natural gas (LNG) trucks for Washington-based Potelco, Inc.
  • The fleet provides electrical and gas line construction and maintenance services for many customers throughout the Northwest and is forecasted to consume approximately 360,000 DGEs of LNG annually.

Team Campbell Logistics Expands CNG Fleet

  • Ten additional heavy duty CNG trucks are scheduled to be deployed and fuel at Clean Energy’s Fontana, Calif., station. These additional trucks are forecasted to consume approximately 10,000 DGEs of CNG annually.

Transit

DART Expands CNG Fleet with 63 Additional Buses

  • The additional vehicles are forecasted to consume approximately 630,000 DGEs of CNG annually and will fuel at DART’s four natural gas stations built, operated and maintained by Clean Energy.

SuperShuttle of Austin Signs Multi-year Fueling Agreement

  • Longtime Clean Energy customer SuperShuttle of Austin has extended its fueling relationship for its fleet of 20 CNG vans fueling at Clean Energy’s Austin public-access station, where it is forecasted to consume approximately 240,000 GGEs of CNG annually.

Torrance, Calif., Public Works Begins Fueling Fleet at Private Station

  • Fueling commenced at Torrance’s private natural gas station which was designed, built, and is being operated and maintained by Clean Energy.
  • The station is fueling approximately 35 refuse trucks and 29 transit buses with an estimated 390,000 DGEs of CNG annually. The Torrance natural gas transit fleet is expected to expand with an additional 26 transit buses in the second quarter of 2015.

Refuse

Burrtec Contracts with Clean Energy for Third CNG Station

  • Clean Energy to design, build, operate and maintain a CNG station in Santa Clarita, Calif., for longtime customer Burrtec.
  • The station will fuel approximately 22 CNG refuse trucks which are forecasted to consume approximately 200,000 DGEs of CNG annually.

Accolades

Clean Energy’s IMW Subsidiary Receives Top Award for Transit Engineering at 11th Annual Deputy Minister’s Consulting Engineers Awards

  • IMW Industries, Ltd., a wholly-owned subsidiary of Clean Energy, was recognized for its work on Victoria, BC-based BC Transit's Compressed Natural Gas Bus Fuel Station in Nanaimo, BC.
  • This first-of-its-kind CNG station for BC Transit was designed and built by Clean Energy and IMW; it began fueling in the spring of 2014.

    “Our government is actively promoting natural gas as an efficient and clean transportation fuel, and transit as an environmentally friendly and viable mode of transportation. This new infrastructure supports both these priorities, and I congratulate Clean Energy Fuels for receiving this well-deserved award,” said Todd Stone, Minister of Transportation and Infrastructure, British Columbia.

NGV Easy Bay® Named One of Heavy Duty Trucking’s Top 20 Products of 2015

  • Clean Energy’s lowest-cost, code-compliant vapor barrier system for the maintenance and storage of natural gas vehicles earned the fourth spot on Heavy Duty Trucking’s list of Top 20 Products of 2015.
  • Each product was evaluated based on, “…its level of innovation, whether it addresses significant industry issues or concerns, and its potential to improve a trucking operation’s bottom line.”

IMW’s CleanCNG Compressor Receives INPRO Award for Innovation

  • An international panel of industry experts awarded the prestigious INPRO Award to Clean Energy subsidiary IMW for its CleanCNG product during the 2015 International Gas Show which took place in Warsaw, Poland.
  • CleanCNG was recognized for, “astonishing innovation,” for CNG fueling applications.

Natural gas fuel costs up to $1.00 less per gallon than gasoline or diesel, depending on local market conditions. The use of natural gas fuel not only reduces operating costs for vehicles, but also reduces greenhouse gas emissions up to 30% in light -duty vehicles and 23% in medium to heavy duty vehicles. In addition, nearly all natural gas consumed in North America is produced domestically.

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 compressed natural gas (CNG) and liquefied natural gas (LNG) fueling stations; manufacture CNG and LNG equipment and technologies for ourselves and other companies; develop renewable natural gas (RNG) production facilities; and deliver more CNG, LNG and Redeem RNG fuel than any other company in the U.S. 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 the number of vehicles expected to be deployed and the amount of natural gas fuel expected to be consumed by Seaboard Transport, Potelco, Team Campbell Logistics, DART, SuperShuttle, Torrance Public Works and Burrtec, respectively, 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:
Patric Rayburn
949-437-1411
patric.rayburn@cleanenergyfuels.com
or
Clean Energy Investor Contact:
Tony Kritzer
949-437-1403
tkritzer@cleanenergyfuels.com

Source: Clean Energy Fuels Corp.

Released April 14, 2015