South Coast Air Quality Management District Approves Funding for 483 Natural-Gas-Fueled Trucks To Replace Diesel Trucks for Drayage at Ports of Long Beach and Los Angeles
SEAL BEACH, Calif., Sep 14, 2009 (BUSINESS WIRE) -- The South Coast Air Quality Management District (SCAQMD) Governing Board voted last Friday to approve funding for 483 natural gas-fueled (liquefied natural gas (LNG) and compressed natural gas (CNG)) trucks to replace old diesel trucks serving the Ports of Long Beach and Los Angeles, according to Clean Energy Fuels Corp. (Nasdaq:CLNE).
The new trucks are expected to use approximately 3.6 million gasoline gallon equivalents of natural gas fuel per year once fully deployed.
SCAQMD is administering the truck-funding program for the California Air Resources Board and the Ports. Funding for the program is provided by the Proposition 1B Program of the state of California and by the SCAQMD and the Ports. The program supports the Ports' Clean Air Action Plan, which seeks to replace the fleet of older diesel trucks servicing the Ports with new clean trucks.
Earlier funding has replaced approximately 400 old diesel trucks with new natural-gas-fueled trucks. The natural-gas-fueled trucks reduce emissions of greenhouse gases, toxic diesel particulate matter, and nitrogen oxides.
"This funding increases the deployment of natural gas trucks in the Southern California goods movement corridors emanating from the Ports, helping clean the air and improve public health throughout the region," said Andrew J. Littlefair, Clean Energy President and CEO. "We are working to support these goals by expanding the convenient supply of natural gas fuel for the new trucks."
Clean Energy recently opened the world's largest public-access LNG truck fueling station at the Port of Long Beach to serve the growing fleets of natural gas-fueled trucks in the area.
Clean Energy (Nasdaq:CLNE) is the leading provider of natural gas (CNG and LNG) for transportation in North America. It has a broad customer base in the refuse, transit, ports, shuttle, taxi, trucking, airport and municipal fleet markets, fueling more than 17,200 vehicles at 184 strategic locations across the United States and Canada. Clean Energy owns and operates two LNG production plants, one in Willis, TX and one in Boron, CA, with combined capacity of 260,000 LNG gallons per day and designed to expand to 340,000 LNG gallons per day as demand increases. It also owns and operates a landfill gas facility in Dallas, TX that produces renewable methane gas or biogas for delivery in the nation's gas pipeline network. Please 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 statements about the number of natural gas fueled trucks to be funded by the SCAQMD and the amount of fuel to be consumed by the vehicles. 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 the availability of the natural gas vehicles, the availability of the funding from the SCAQMD, administrative delays in awarding and funding the natural gas truck grants, the demand for and performance of the natural gas vehicles and actual fuel consumed by the natural gas vehicles. The forward-looking statements made herein speak only as of the date of this press release and the company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
SOURCE: Clean Energy
Clean Energy
Bruce Russell, 310-559-4955 ext. 101 (Media)
brussell@cleanenergyfuels.com
Ina McGuinness, 310-954-1100 (Investors)
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