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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Clean Energy Fuels Corp | NASDAQ:CLNE | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.0092 | 0.39% | 2.3892 | 2.40 | 2.45 | 9,023 | 13:34:45 |
Clean Energy Fuels Corp., (NASDAQ: CLNE) today announced it will design, build and operate a compressed natural gas (CNG) fueling station for the Jacksonville Transportation Authority (JTA). The deal, valued at $8.1 million, will also include facility modifications to accommodate the conversion of JTA’s buses from diesel to CNG. Clean Energy also reported 5,510 additional natural gas vehicles began fueling throughout Clean Energy’s nationwide network year-to-date in 2014 which is a 23% increase in vehicles fueling compared to the same period in 2013. Additional agreements representative of Clean Energy’s growing portfolio of natural gas fueling customers were also announced.
Transit
Jacksonville Transportation Authority Awards Clean Energy Multi-year $8.1 Million Station Design, Construction and Fueling Deal
Morongo Basin Transit Authority (MBTA) Renews Clean Energy CNG Facility Maintenance Contract
Trucking
UPS Continues Deployment of Largest Liquefied Natural Gas (LNG) Fleet in North America
Kroger’s Fred Meyer Stores’ New Natural Gas Fleet Expected to Consume 1 Million Gallons of LNG Annually Supplied by Clean Energy
Kenan Advantage Group (KAG) Begins Hauling Clean Energy Natural Gas with natural gas trucks in Boron, Calif.
Norbert Dentressangle to Deploy Seven CNG Trucks
Additional Public Truck-friendly Stations Recently Opened
The Following Fleets Began Testing with Clean Energy
Network
Highlights of Clean Energy’s Infrastructure Development in 2014
Natural gas fuel costs up to $1.00 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. In addition, nearly all natural gas consumed in North America is produced domestically.
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 the number of vehicles expected to be deployed and the amount of natural gas fuel expected to be consumed by JTA, UPS, Fred Meyer Stores and the City of Kansas City, MO, respectively, the benefits of natural gas relative to gasoline and diesel and completion of the JTA CNG station. 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.
Clean Energy Fuels Corp.Media:Patric Rayburn, 949-437-1411patric.rayburn@cleanenergyfuels.comorInvestors:Tony Kritzer, 949-437-1403tkritzer@cleanenergyfuels.com
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