Hunts Point Location Will Be Sixth Clean Energy CNG station in NYC,
Fuel Medium and Heavy-Duty Vehicles and Create Local Jobs
Local Hunts Point Food Business Commits to Alternative Fuels When New
Station Opens in 2018
BRONX, N.Y.--(BUSINESS WIRE)--
Energy Fuels Corp. (NASDAQ: CLNE),
the leading provider of natural gas fuel for transportation in North
America; the City of New York; and community leaders broke ground on a
new, state-of-the-art compressed natural gas (CNG) station in the Hunts
Point section of the Bronx that will fuel multiple fleets operating
across the city.
This press release features multimedia. View the full release here:
Artist's rendering of the new Clean Energy CNG station located in Hunts Point, Bronx, NY. (Graphic: Business Wire)
Joining Clean Energy at the ceremony were Department of Transportation
(DOT) Bronx Borough Commissioner Nivardo Lopez, Department of Sanitation
(DSNY) Deputy Commissioner Rocky DiRico, and representatives from
several fleets that will use the station once it opens in 2018.
The use of natural gas fuel, produced domestically in North America,
reduces greenhouse gas emissions (GHG) by up to 21 percent versus diesel
and gasoline. Using natural gas is one of the ways New York City can
meet its goal of reducing greenhouse gas emissions by 80 percent the
next few decades.
"There are currently thousands of vehicles from refuse trucks to
shuttles to gourmet food delivery trucks that operate on natural gas,
and the air over New York is cleaner because of it," said Andrew J.
Littlefair, President and CEO of Clean Energy. "This new station in
the Bronx will allow more fleets, both public and private, to realize
the economic and environmental benefits of fueling with natural gas."
"DOT is proud to be part of this unique groundbreaking, which will
benefit the Hunts Point community and all of New York City," said
Nivardo Lopez, Bronx Borough Commissioner of the New York City
Department of Transportation. "From our Clean Trucks program which
reduces pollution to energy efficient goals laid out in our Strategic
Plan, we look forward to participating in ways to make our city as green
DSNY currently operates collection trucks and street sweepers with CNG
and calculates its GHG reductions at an estimated 450 metric tons.
That's similar to recycling 159 tons of landfill waste, or planting
Also committing to take advantage of the new fueling station when it
opens next year is Hunts Point staple Baldor Specialty Foods,
whose company culture includes sustainable initiatives such as the use
of alternative fuels to power their fleet.
"We have been committed to employing alternative fuels to both control
costs and protect the environment," said Steve Tufo, Transportation
Manager at Baldor Specialty Foods. "Our headquarters are here in
Hunts Point, our families live in Hunts Point, so we have a
responsibility to keep our neighborhoods as clean as possible, and we do
that with natural gas."
"In a city the size of New York, we all must do our part to ensure we
provide the services our residents need while doing so in a responsible
manner, and that includes reducing emissions from vehicles," said
Councilmember Rafael Salamanca Jr.
"We're very pleased to have worked with the developers of Clean Energy
Fuels on this project," said Marc Huestis, Senior Vice President of
Gas Operations for Con Edison. "Not only is natural gas better for
the environment than diesel or gasoline, the other innovative clean
technologies that will be incorporated into this facility will further
improve the city's air quality for all of our residents."
Clean Energy Fuel continues to promote the use of CNG across New York
City, including the addition of the JFK multi-fuel travel plaza at
Kennedy Airport, New York City's only travel plaza for motorists. The
price of natural gas fuel can be up to $1.50 less per gallon compared to
gasoline or diesel.
For more information about Clean Energy, please visit www.CleanEnergyFuels.com.
About Clean Energy
Clean Energy Fuels Corp. 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; 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 the opening
of the Hunts Point station, fleets expecting to fuel at the station 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/20171018005294/en/
Jason Johnston, 949-437-1411
Tony Kritzer, 949-437-1403
Source: Clean Energy Fuels Corp.
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