NEWPORT BEACH, Calif.–(BUSINESS WIRE)–August 29, 2022–
Clean Energy Fuels Corp. (NASDAQ: CLNE), the largest provider of the cleanest fuel for the transportation market, announced new renewable natural gas (RNG) supply agreements as it moves forward with development to meet the growing demand for sustainable development. fuel made from organic waste.
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Clean Energy signs new fuel contracts, moves forward with development of renewable natural gas. (Photo: BusinessWire)
“As operators of large vehicle fleets examine the entire landscape of alternative fuels, RNG continues to rise to the top when considering reduced carbon emissions, ease of refueling, reliability and cost,” Chad Lindholm, senior vice president of sales for Clean Energy. “We continue to add new customers across all transportation sectors as they realize the benefits of RNG refueling.”
California Transportation Dynamics in Commerce, CA, a leading trucking company for 25 years, has signed a refueling agreement with Clean Energy for approximately 1.2 million gallons of RNG for the duration of the contract. CTD is migrating 40 diesel trucks to RNG-powered units.
“In the current legislative climate, it is becoming increasingly difficult for transportation companies to stay in business,” said Ed Rosas, CEO of California Transportation Dynamics. “We appreciate Clean Energy’s support and advocacy to help us transform our fleet into compliant clean trucks.”
National Ready Mixed Concrete in Encino, Calif., has signed a refueling agreement for approximately 130,000 gallons of RNG to power 13 trucks.
The city of Claremont, California has signed a multi-year supply agreement to supply 20 garbage trucks with approximately 400,000 gallons of RNG.
NGL Logistics in Gardena, Calif., has added six new natural gas trucks to its fleet that will replace diesel trucks and fuel approximately 260,000 gallons of RNG.
“This is our first time deploying RNG trucks and they work extremely well for our operations,” said JJ Lee, President of NGL Logistics. “NGL Logistics is proud to be able to help reduce carbon emissions and improve air quality. We understand this is a necessary environmental change and with our GNR powered trucks, we are one step closer to achieving this goal for our industry.
In its first foray into converting its fleet to natural gas trucks, Gen Logistics, which serves the ports of Los Angeles and Long Beach, signed a refueling contract with Clean Energy for 30,000 gallons of RNG slated to power new trucks.
Growth of vehicles and infrastructure
Clean Energy has added a major new transit customer, Trinity Metro, which serves Fort Worth, Texas, one of the fastest growing major metropolitan areas in the United States. The agreement covers the operation and maintenance of 184 buses that will supply 10.5 million gallons during the contract period.
Clean Energy has secured a multi-year maintenance contract for another large new agency, Arlington Regional Transit, in Arlington, Virginia. The ART station powers 70 CNG buses approximately 750,000 gallons per year.
The Washington Metro Area Transit Authority renewed an operations and maintenance contract with Clean Energy for its two Washington, D.C.-area CNG stations, which power 480 transit buses with an expected four million gallons per year.
The city of Mesa, Arizona, has signed an operations and maintenance agreement for its waste station, which supplies 72 solid waste trucks with approximately one million gallons of CNG.
The City of Lexington, KY has added seven new CNG garbage trucks to its fleet, expanding its existing refueling agreement by a planned 56,000 gallons. The City has also awarded Clean Energy the renewal of its 5-year operation and maintenance contract for the plant.
Clean Energy has won a contract to build a gas station for Elizabethtown Gas, a subsidiary of South Jersey Industries, to fuel 40 new natural gas garbage trucks for Waste Management in Lafayette, NJ. The contract includes a multi-year repair and maintenance contract with Waste Management and approximately 350,000 annual gallons of CNG.
Bison Trucks Group, a shipping company in Orlando, Florida, signed a supply agreement for approximately 224,000 gallons of natural gas to power 14 trucks.
Howard Logistics and Solutions in Dallas signed a refueling agreement for approximately 105,000 gallons of CNG to power its trucks.
GFL Environmental, a waste treatment company in Edmonton, Alberta, Canada, has signed an agreement to supply 33 trucks with an expected quantity of 1.5 million gallons of CNG. In addition to the resupply agreement, the contract includes station upgrades and operation and maintenance services.
RNG Supply Advances
Clean Energy continues to make significant investments in the production of additional sources of RNG. Joint ventures with two of the world’s most sustainable energy companies, TotalEnergies and bp, provide the capital needed to partner with dairy owners across the country.
Construction of the RNG digester at Del Rio Dairy in Friona, Texas is nearing completion, and commissioning of the RNG stream is expected to begin in Q4 2022. When operational, manure from 7,500 dairy cows will produce more one million gallons of RNG per year.
Significant engineering and development progress has been made at South Fork Dairy in Hart County, TX. When complete, the project will produce approximately 2.9 million gallons of RNG.
Construction is nearing completion at the Marshall Ridge, Drumgoon and Victory dairy farms in South Dakota and Iowa. With over 30,000 cows, these dairies have the estimated potential to convert methane produced from waste into over seven million gallons of RNG per year.
Clean Energy also inaugurated two additional projects: Ash Grove Dairy in Minnesota and Tri-Cross Dairy in South Dakota.
At Millenkamp Dairy in Idaho, one of the largest in the nation, construction continues with completion of the digester slated for early 2023.
“We continue to make great progress on our RNG supply targets that we declared at the start of the year,” said Clay Corbus, senior vice president and head of renewable fuels. “Daily owners are looking for a partner who can give them a known market as they grow their RNG supply, and no other company can do that like Clean Energy.”
About clean energy
Clean Energy Fuels Corp. is the nation’s largest supplier of the cleanest fuel for the transportation market. Our mission is to decarbonize transportation through the development and delivery of renewable natural gas (RNG), a sustainable fuel derived from organic waste. Clean energy enables thousands of vehicles, from airport shuttles and city buses to garbage trucks and heavy trucks, to reduce their amount of climate-damaging greenhouse gases. We operate an extensive network of service stations across the United States and Canada. Visit www.cleanenergyfuels.com and follow @ce_renewables on Twitter.
This press 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, but not limit, statements about the quantities of natural gas that should be produced or consumed; number of vehicles to be deployed or financed; the benefits of Clean Energy fuels; the timing and scope of construction, maintenance and other projects; the impacts of legislative and regulatory changes; and the value and scope of contracts. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements. The forward-looking statements made herein speak only as of the date of this press release and, except as required by law, Clean Energy undertakes no obligation to publicly update these forward-looking statements to reflect future events or subsequent circumstances. In addition, the reports and other documents filed by Clean Energy 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 press release. hurry.
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CONTACT: Clean Energy Contact:
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KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA
KEYWORD INDUSTRY: OIL/GAS OTHER NATURAL RESOURCES ALTERNATIVE ENERGY VEHICLES/ALTERNATIVE FUELS AUTOMOTIVE ENERGY NATURAL RESOURCES ENVIRONMENT OTHER TRANSPORTATION GREEN TECHNOLOGY TRANSPORTATION LOGISTICS/SUPPLY CHAIN MANAGEMENT
SOURCE: Clean Energy Fuels Corp.
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PUBLISHED: 08/29/2022 06:00 / DISK: 08/29/2022 06:02