Clean Energy Awarded New Multi-Use Station, Multi-Year Fueling Agreement for City of Santa Fe Transit and Refuse Agencies
NEWPORT BEACH, Calif.–(BUSINESS WIRE)–Clean
Energy Fuels Corp. (Nasdaq: CLNE)
announced today that it has been awarded a $3 million design, build,
operation and maintenance contract for a new compressed
natural gas (CNG) fueling station which will serve both public and
private customers.
The City of Santa Fe, New Mexico, has contracted with Clean Energy to
build a CNG
fueling station for its transit
and refuse
fleets as well as offering access to the public. The unique station
design will include fast-fill dispensers for Santa Fe Trails, the city’s
transit agency, as well as time-fill
dispensers installed nearby at the city’s Environmental Services
Division for its refuse fleet. The public will be able to fuel their
vehicles via a separate lane with its own quick-fill dispenser.
The station is expected to fuel 67 CNG transit, para-transit and refuse
vehicles, and dispense approximately 440,000 gasoline gallon equivalents
(GGEs) per year, which is expected to increase as the solid waste
department plans on increasing the size of their CNG fleet over the next
5 years.
The operations
and maintenance contract will run for 8 years, beginning with the
opening of the station scheduled for 2018.
“The City of Santa Fe is committed to operate in the most
environmentally responsible manner possible. By fueling our fleet with
CNG, we can decrease the amount of NOx and greenhouse gas emissions that
are emitted into the air,” said Keith Wilson, with the City of Santa
Fe’s Transit Division. “Not only is CNG cleaner, but it is also more
cost effective, which is important for our taxpayers.”
“At Clean Energy, we take pride in working with our customers to develop
fueling solutions that fit their specific need,” said Andrew J.
Littlefair, Clean Energy’s president and chief executive officer. “By
understanding the city’s requirements, we were able to design a fueling
complex that will fuel both transit and refuse vehicles, while
simultaneously allowing the public to have access as well.”
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.
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 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
release.
Contacts
Clean Energy Media Contact:
Jason Johnston
949-437-1411
[email protected]
or
Clean
Energy Investor Contact:
Tony Kritzer
949-437-1403
[email protected]