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News Release
Clean Energy Releases Fourth Edition of ROAD TO NATURAL GAS
-- Expands to Rail with GE Transportation --
Click to Download the ROAD TO NATURAL GAS report [http://r20.rs6.net/tn.jsp?e=001zFpdtaO_XhPHglG1Tyvyt0osquRWY6H4cTtMLz15OU9xnowyG9GYgelMfLOhaGZaIxuoMEguTA_2ul7Ho1lFOLAlAQ6QrleiwlrYnxgFM2zYl9bXAypgvza4EQsPDX58NpZ7HUTE3W2sbpko7LG_tDMvYlOHk5q3IBSshfbvGeCCST_q-xZPtNSN4mMtRE4a]
SEAL BEACH, Calif. (June 17, 2013) -- Clean Energy Fuels Corp. (Nasdaq: CLNE) today
released Vol. IV of ROAD TO NATURAL GAS, an update of its growing portfolio of customers
making the switch to natural gas as a transportation fuel or expanding their current
fleets. This edition includes new agreements recently signed including Clean Energy's
first railroad fuel deal with GE Transportation to provide liquefied natural gas
(LNG) for its new initiative to test LNG locomotives.
"Considerable strides have recently been made to propel America further and faster
down the road to natural gas. The recent announcement by UPS to significantly expand
their LNG fleet is a noteworthy signal by an industry-leader that natural gas will
play a big role in the future of trucking. Clean Energy will support the UPS expansion
by opening multiple new stations on our America's Natural Gas Highway." said Andrew
J. Littlefair, Clean Energy's president and CEO. "The other notable development
is the rail industry's acknowledgement that LNG will play a role in its future.
Clean Energy's fuel deal with GE Transportation expands our relationship with a
company that is highly committed to the development of a market for a cleaner-burning,
domestic fuel.
"The fourth edition of ROAD TO NATURAL GAS contains a listing of natural gas fuel
agreements signed since the third edition was released on February 25, 2013.. Key
industry developments are also noted, such as UPS' recent announcement that it
will expand its LNG fleet with 700 additional tractors and build four LNG stations
by the end of 2014. America's Natural Gas Highway� stands ready to fuel this industry
transition as momentum continues to build in the long-haul trucking segment..
Natural gas fuel costs up to $1.50 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.
About Clean Energy Fuels Corp.
Clean Energy Fuels Corp. (Nasdaq: CLNE) is the largest 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; convert taxis, vans,
pick-up trucks and shuttle buses to natural gas; and develop renewable natural gas
(RNG) production facilities. For more information, visit www.cleanenergyfuels.com
[http://r20.rs6.net/tn.jsp?e=001zFpdtaO_XhNKz5Bv9WvMCEZEo8pGO2m83CI2MHFNZMHBpXvAMpKtq3rgO8sHzjL7_nReGQJ8RNmw1a6Xrxbdtgn_OO02TJmxqVxM3Tsq9BtL8nkaf7Mw5FKl-Wb5idKx].
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.
Clean Energy Fuels Media Contact:
Patric Rayburn
Public Relations Manager
562-936-7583
patric.rayburn@cleanenergyfuels.com [mailto:patric.rayburn@cleanenergyfuels..com]
Clean Energy Investor Contact:
Tony Kritzer
Director, Investor Relations
562-936-7120
tkritzer@cleanenergyfuels.com [mailto:tkritzer@cleanenergyfuels.com]
# # #
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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$ 465.3 millions as of today (€ 418.3 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. |