Clean Energy Provides Bunkering Services & Fuel to World’s First LNG-Powered Container Ships; Adds Trucking, Transit & Refu...
November 03 2015 - 6:00AM
Business Wire
The Company is on Track to Complete 68
Station Projects in 2015
Clean Energy Fuels Corp. (NASDAQ: CLNE) participated in a little
history last month when it supported General Dynamics (GD) NASSCO’s
launch of the Isla Bella container ship, the first of its kind to
operate on LNG fuel. Clean Energy provided bunkering services and
fuel from its Boron, CA liquefaction plant for the GD NASSCO-built
cargo ship, which was delivered to TOTE Maritime in San Diego.
Clean Energy will also be providing bunkering services next month
to the second GD NASSCO-built ship, the Perla Del Caribe.
“As the maritime industry begins its transition to LNG, Clean
Energy is able to bring our many years of fueling services to
ensure an easy and seamless transition,” said Andrew J. Littlefair,
president and CEO of Clean Energy. “We applaud NASSCO and TOTE as
world leaders in the introduction of the clean fuel to the
commercial shipping industry. The use of natural gas is continuing
to expand across the various transportation sectors and is the best
choice economically and environmentally.”
By using natural gas, these TOTE vessels will be the cleanest
cargo-carrying ships in the world and equivalent to removing 15,700
vehicles from the road.
Clean Energy signed additional agreements across transportation
market segments of transit, refuse and trucking and is on track to
complete 68 station projects before the end of the calendar year.
These include new CNG and LNG stations as well as expansion and
upgrades of existing stations. This is a comparable number to
previous years when oil prices were significantly higher
demonstrating the viability of natural gas as a competitive fuel in
all market environments due to its price stability and cleaner
profile.
Below are new fueling agreements and projects completed over the
last few months.
Transit
- Clean Energy completed a $6 million
private compressed natural gas (CNG) fueling facility for the Los
Angeles County Metropolitan Transportation Authority at its brand
new Division 13 facility. Clean Energy is also contracted to
maintain the facility for 10 years, making Clean Energy the sole
contracted maintenance provider for LA Metro’s 11 private CNG
fueling stations. The new facility will fuel approximately 175
buses that are expected to consume a total of 2 million GGEs of CNG
annually.
- Clean Energy completed and opened a
private CNG fueling facility to fuel up to 100 CNG buses owned by
the City of Los Angeles and operated by Transdev. The station is
owned, operated and maintained by Clean Energy and will provide an
estimated 500,000 GGEs per year.
- Clean Energy has signed a four-year
maintenance agreement with Union Gas Limited, a major gas utility
in Ontario, Canada, to support a new station built for the City of
Hamilton’s transit system (Hamilton Street Railway). This new
station is anticipated to dispense an average of 2,800,000 gasoline
liter equivalents or 750,000 gasoline gallon equivalents of CNG
annually during the agreement term. The City plans to increase its
fleet to over 120 CNG buses over the next 5 years. The agreement is
the latest in Clean Energy’s rapidly expanding portfolio of
Canadian transit agencies which include BC Transit in British
Columbia, Translink in Vancouver, BC, and the City of Medicine Hat,
Alberta.
- METRO Regional Transit Authority in
Akron, Ohio has awarded Clean Energy a five-year contract to
support their new CNG transit and public access fueling stations.
The contract will extend the partnership between METRO and Clean
Energy and will include support to a fleet of 100 CNG buses and
paratransit vehicles. Clean Energy will also market the public
access station to other customers, which is expected to be open in
May 2016.
- Quad Cities MetroLINK, which services
the Illinois side of the Quad Cities metro area, has awarded Clean
Energy a two-year maintenance contract to support their fleet of 44
CNG transit buses, which are expected to consume approximately
550,000 DGEs of CNG annually.
- Clean Energy has been awarded a
maintenance agreement with Transdev for their services with
Gwinnett County Transit in Gwinnett County, GA. The agreement will
support Gwinnett’s fleet of 25 buses consuming approximately
300,000 DGEs annually.
- First Student, a division of First
Group America, will begin fueling 33 CNG buses at Clean Energy’s
public CNG fueling facility at the Palm Springs International
Airport. First Student is expected to utilize up to 90,000 DGEs per
year.
- Burbank, California’s Bob Hope Airport
has awarded an airport shuttle contract to MV Transportation which
will fuel 13 CNG buses at Clean Energy’s public CNG fueling
facility near the airport. The buses will consume nearly 80,000
GGEs annually.
- The Port of Seattle has renewed their
maintenance contract with Clean Energy for their Sea-Tac Bus
operations estimated to use approximately 450,000 GGEs per
year.
- Clean Energy also signed a public
fueling agreement with Better 4 You Meals, a school-meal vendor
service in the Los Angeles area that is expected to consume
approximately 100,000 GGEs per year.
Trucking
- Frito-Lay has renewed their agreement
with Clean Energy to support their 200-plus CNG tractor fleet
across Arizona, California, Nevada, Ohio, Indiana and Texas. The
new contract is expected to significantly increase the fuel volume
consumed each year.
- Matheson Trucking is adding 17 CNG
trucks to their fleet and will fuel with Clean Energy at the
Republic Services station in Boise, ID, until new stations are
built in Boise and Salt Lake City, where Matheson will be the
anchor tenant. Matheson is expected to consume approximately
400,000 DGEs annually during this multi-year agreement.
- Seaboard Transport will begin fueling
20 CNG trucks at a recently opened CNG station designed and
equipped by Clean Energy. Each year the Kansas City, KS station
will provide 500,000 DGEs of CNG to the largest Midwest Shipping
company.
Refuse
- In October, All American Waste and
Clean Energy held a joint ribbon-cutting for a new station in New
Haven, CT. This is the second station in Connecticut Clean Energy
has built to provide services to the Connecticut’s largest refuse
company and estimates All American to consume approximately 500,000
DGEs per year.
- The City of Chesapeake, VA has
contracted with Clean Energy to design, build and operate a public
access CNG station for use by their refuse fleet. The city is
currently using 35 CNG refuse trucks with plans to expand over the
next two years to 53, which are anticipated to use an estimated
350,000 DGEs per year.
- The City of Spokane, WA signed a 5-year
maintenance agreement for their recently opened station designed
and equipped by Clean Energy. The City will use an estimated
200,000 GGEs per year and has plans to significantly increase their
CNG vehicle fleet.
- Salt Lake County Sanitation has opened
a new station designed and built by Clean Energy that will service
25 trucks for its refuse program. The fleet has 10 more trucks on
order and will eventually grow the fleet to 50+ vehicles that will
consume an estimated 400,000 DGEs per year. Clean Energy also has
the maintenance contract for the station and has deployed for the
first time its Clean Energy Fuels Fleet Management System. This
system, designed for time-fill fleets, allows for the remote
measurement of fuel usage in individual trucks, giving fleet
managers more information to effectively manage their fleet and
fueling operations.
- South San Francisco Scavenger has
signed a new 10-year maintenance agreement with Clean Energy for
their biogas CNG station. The station fuels 22 trucks and Scavenger
plans to grow the fleet to more than 40 over the next three
years.
- Republic Services continues to expand
its already significant partnership with Clean Energy with an
upgraded contract to fuel an additional 25 trucks at their
Huntington Beach, CA facility as well as an agreement to build a
new station in Daly City, CA. The Daly City station will support as
many as 21 trucks when it first opens.
Natural gas fuel costs up to $1.00 less than gasoline or diesel,
depending on local market conditions. The use of natural gas fuel
also reduces greenhouse gas emissions up to 30% in light-duty
vehicles and 23% in medium to heavy-duty vehicles. In addition,
nearly all natural gas consumed in North America is produced in
North America.
About Clean Energy
Clean Energy Fuels Corp. (Nasdaq: CLNE) is the leading 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; develop renewable
natural gas (RNG) production facilities; and deliver more CNG, LNG
and Redeem RNG fuel than any other company in the U.S. 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.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20151103005557/en/
Clean Energy Media:Jason Johnston,
949-437-1411jason.johnston@cleanenergyfuels.comorClean Energy
Investor:Tony Kritzer,
949-437-1403tkritzer@cleanenergyfuels.com
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