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News Release
Clean Energy Launches "The Road to Natural Gas"
-- Tracks Company's Recent Fuel Agreements --
SEAL BEACH, Calif. (July 31, 2012) -- Clean Energy Fuels Corp. (Nasdaq: CLNE) today
released "The Road to Natural Gas," a listing of trucking companies, refuse haulers,
fleet operators, airports, municipalities and other organizations which have signed
new or expanded existing agreements with Clean Energy to provide natural gas transportation
fuel and other services for their vehicles and fleets. The report contains only
information which has not been previously announced, including recently completed
stations on Clean Energy's America's Natural Gas Highway(TM) with our partner Pilot
Flying J and at other interstate locations.
"After working on developing the natural gas fueling market for 15 years, it's very
gratifying to see all the pieces come together," said Andrew J. Littlefair, Clean
Energy's CEO and president. "There are natural gas engines now available for more
vehicle classes, the U.S. has an abundant supply of cheap natural gas and there
is a greater understanding of the economic and environmental benefits of using natural
gas as a transportation fuel. It's a good situation to have, but we can no longer
issue a press release every time an organization makes the switch to natural gas
with Clean Energy due to the volume."
Included in the first "The Road to Natural Gas" is a listing of agreements recently
signed with local transportation authorities, private refuse companies and city
refuse operators, taxi fleets, and regional and national trucking companies that
carry products for some of the world's most well-known brands that are converting
their vehicles and buying their natural gas fuel from Clean Energy.
"'The Road to Natural Gas' report, which we released today, includes new customers
that we expect to ultimately use hundreds of thousands of gallons of natural gas
fuel every month," said Littlefair. "I'm happy to report that Clean Energy is exceeding
our own internal plans for 2012 in our core refuse, airport and transit markets."
Clean Energy (Nasdaq: CLNE) is the largest provider of natural gas fuel for transportation
in North America and a global leader in the expanding natural gas vehicle fueling
market. We have operations in compressed natural gas (CNG) and liquefied natural
gas (LNG) vehicle fueling and construction and operation of natural gas fueling
stations. Wholly-owned subsidiaries include IMW Industries, Ltd., which supplies
CNG equipment for vehicle fueling and industrial applications worldwide; NorthStar,
which supplies LNG and liquefied to compressed natural gas fueling system technologies
and equipment, station construction and operations; BAF Technologies, which provides
natural gas vehicle systems and conversions for taxis, vans, pick-up trucks and
shuttle buses; and Clean Energy Renewable Fuels (CERF), which develops renewable
natural gas (RNG), or biomethane, production facilities in the U.S. For more information,
visit
www.cleanenergyfuels.com [http://r20.rs6.net/tn.jsp?e=001nvhsMthkl_PdGd0_eyllE1NF6Esw2RGsEEa6P3oycMLKdMmOThgc4EdEncDThffFSAeStB9Wpa1VN8pRrA37Tvh51bc1Qpleg2yffMsTFXbgBAy4dW7fqWypUJ18ZHbZ]
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 deployment of natural gas vehicles, the amount of
natural gas fuel expected to be consumed by new and existing customers, the number
and location of stations to be included in America's Natural Gas Highway, the timing
for the completion of construction of these stations, the benefits of natural gas
relative to diesel fuel, and expectations about the future adoption of natural gas
as a vehicle fuel. 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, but not limited to, the performance, availability and benefits
of natural gas trucks relative to gasoline and diesel trucks, the number of natural
gas trucks deployed by our customers, permitting or other delays encountered during
the identification of locations for, and the construction of, natural gas fueling
stations, including those stations planned for America's Natural Gas Highway, and
the price per gallon of natural gas fuel relative to diesel and gasoline. 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.
Contact:
News Media Investors
Bruce Russell, 310/559-4955 x101 Tony Kritzer,
562/936-7120brussell@cleanenergyfuels.com [mailto:brussell@cleanenergyfuels..com]
tkritzer@cleanenergyfuels.com [mailto:tkritzer@cleanenergyfuels.com]
THE ROAD TO NATURAL GAS
July 31, 2012
New Fuel Agreements with Clean Energy
Refuse
* Burgmeier Hauling Inc. (Altoona, PA) - CNG station to be constructed and operated
by Clean Energy
* City of Long Beach, CA - LNG to be supplied to fuel their municipal refuse trucks,
street sweepers and other vehicles
* City of Scottsdale, AZ - Upgrade existing CNG station to service their refuse
fleet
* CR&R (San Juan Capistrano, CA) - LNG to be supplied to their fleet facility
* Republic Services -Construction and maintenance services for six new CNG locations
and upgrades to six existing CNG stations
* Tidewater Fibers (Chesapeake, VA) - Station construction and operated by Clean
Energy
* USA Hauling (Hartford, CT) - Station construction and operated by Clean Energy
* Waste Pro (Fort Pierce, FL) - CNG station constructed and operated by Clean Energy
Transit
* City of Phoenix, AZ - renewal of existing LNG supply contract for city buses
* City of Santa Cruz, CA - LNG to be supplied by Clean Energy for city buses
* City of Tempe, AZ - renewal of existing LNG supply contract for city buses
* Omni Trans (San Bernardino, CA) - LNG supply contract for agency's fleet of buses
Airport Shuttles/Taxis
* Chicago - Additional CNG MV1's and Ford vehicles added to growing private and
para-transit fleets
* Las Vegas - Additional vehicles ordered by Bell Transportation and MGM Mirage
* New Orleans Airport - New CNG station opened to serve airport vehicles and shuttles
* New York City - First CNG Ford Transit Connects and MV1's deployed by private
and public fleets
* San Francisco/Oakland - Additional door-to-door shuttles and vans ordered and
delivered
* Tampa Airport - New CNG station opened to serve fleet of airport buses
Trucking Companies/Shippers/Carriers
* 99� Only - CNG to be supplied for Southern CA fleet
* Kenan Advantage Group, Inc. - LNG to be supplied for their Phoenix, AZ truck fleet
* Land O' Lakes, Inc. - CNG to be supplied for Central CA fleet
* The Linde Group - LNG to be supplied for So. CA and TX truck fleets
Recently Completed Stations on Clean Energy's "America's Natural Gas Highway"
* Amarillo, TX - Pilot
* Birmingham, AL - Flying J
* Brookshire, TX - Flying J
* Dallas, TX - Clean Energy
* El Paso, TX - Flying J
* Fort Worth, TX - Pilot
* Hope Hull, AL - Flying J
* Knoxville TN - Flying J
* LaSalle, IL - Flying J
* Latta, SC - Flying J
* Oklahoma City, OK - Flying J
* Pearl, MI - Flying J
* Phoenix, AZ - Flying J
* Tifton, GA - Pilot
* Tulare, CA - Clean Energy
* Salina, KS - Flying J
* San Antonio, TX - Flying J
* Theodore, AL - Pilot
* Weatherford, TX - Pilot
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Clean Energy | 3020 Old Ranch Parkway | Suite 400 | Seal Beach | CA | 90740
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Clean Energy Fuels
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CODE : CLNE |
ISIN : US1844991018 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Clean Energy is based in United states of america. Clean Energy is listed in Germany and in United States of America. Its market capitalisation is US$ 346.0 millions as of today (€ 323.2 millions). Its stock quote reached its highest recent level on September 05, 2014 at US$ 9.99, and its lowest recent point on March 13, 2020 at US$ 1.05. Clean Energy has 151 085 558 shares outstanding. |