NEWPORT BEACH, Calif.--(BUSINESS WIRE)--
Clean
Energy Fuels Corp., (NASDAQ: CLNE)
announced that the City of Santa Monica has awarded Clean Energy a
multiyear liquefied
natural gas (LNG) contract to fuel its Big
Blue Bus (BBB) fleet of vehicles. The 5-year deal, worth an
estimated $3 million per year, will enable BBB to continue using Clean
Energy's Redeem™
brand of renewable natural gas (RNG), rated up to 90 percent cleaner
than diesel and considered the cleanest transportation fuel available.
BBB began using Redeem™ by Clean Energy in January 2015.
BBB, one of the first transit agencies in the nation to contract for
Redeem™, will also become one of the first agencies to incorporate the
new Cummins-Westport 8.9L ISL G Near-Zero 0.02 NOx engine, the first
mid-range engine in North America to receive emission certifications
from both U.S. Environmental Protection Agency (EPA) and Air Resources
Board (ARB) in California that meet the 0.02 g/bhp-hr optional Near Zero
NOx Emissions standards.
Big Blue Bus, which includes 200 natural gas buses, plans to replace
over 100 of their existing bus engines with the new Near-Zero natural
gas engine over a three-year period, making BBB one of cleanest transit
agencies in the nation. When the transition is complete, BBB is expected
to have reduced their NOx emissions by over 90 percent and their GHG
emissions by 8,000 Metric Tons, annually. Introduced by CWI earlier this
year, the new Cummins ISL G 8.9L Near Zero 0.02 NOx engine is designed
for medium-duty truck, urban bus, school bus and refuse applications and
is available on the market today. Cummins-Westport plans to begin
delivering an 11.9L version that is also EPA and ARB certified for the
heavy-duty trucking industry in 2018.
"The City of Santa Monica has a deep commitment to the people and
environment in our community. By combining the environmental benefits of
RNG with the technological advances of this engine, we are proud to say
that we are in fact, one of the cleanest transit agencies in the
nation," said Ed King, BBB's Director of Transit.
The City of Santa Monica is a nationally recognized leader for its
sustainability policies and actions. BBB has progressively contributed
to the City's sustainability narrative through its use of alternative
fuel and ultimate phasing out of diesel-fueled motor coaches. Through
this commitment, clean burning RNG
and the new 0.02 NOx engine will power BBB's entire fleet.
"Big Blue Bus has always been a leader in sustainability and with our
Redeem™ RNG and the implementation of the new Near-Zero engine, we are
about to witness
the future of the transportation industry and the incredible
advances we've made in reducing the impact on the environment," said
Peter Grace, Clean Energy's senior vice president for sales and finance.
For more information about the BBB's Redeem fueling success story click
here.
Clean Energy believes that Redeem™ is the cleanest transportation fuel
commercially available in the U.S. according to EPA data regarding
carbon emissions for transportation fuel. Redeem™ is a renewable natural
gas vehicle fuel, often referred to as biomethane. It is derived from
biogenic methane or biogas, which is methane that is naturally generated
by the decomposition of organic waste. The methane gas is processed,
purified and sent into the interstate natural gas pipeline and made
available exclusively to Clean Energy customers. Redeem™ biomethane
vehicle fuel is procured from biomethane production facilities,
including two owned and operated by Clean Energy.
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 CNG and LNG fueling stations; manufacture CNG and LNG equipment
and technologies; develop RNG production facilities; and deliver more
CNG and LNG fuel than any other company in the U.S. Clean Energy also
sells Redeem™ RNG fuel and believes it is the cleanest transportation
fuel commercially available, reducing greenhouse gas emissions by up to
90 percent. For more information, visit www.CleanEnergyFuels.com.
About Big Blue Bus
Big Blue Bus operates a fleet of nearly 200 vehicles transporting more
than 61,000 passengers daily across a 51-square mile service area.
Nationally recognized for its long-standing commitment to a cleaner
environment, the entire fleet operates on alternative fuels, including
renewable natural gas (RNG) a form of liquefied and compressed natural
gas (LNG/CNG), which helps to cut emissions by up to 90 percent. Serving
Santa Monica and the Los Angeles area since 1928, Big Blue Bus has won
numerous awards for its marketing, customer service, safety and
efficiency.
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
buses expected to be deployed, the value of Clean Energy's contract with
BBB, the benefits of BBB's use of RNG and the Cummins-Westport 8.9L ISL
G Near-Zero 0.02 NOx engine and the availability of Near-Zero 0.02 NOx
engines. 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 certification and other factors
affecting engine development and availability. 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/20160602005340/en/
Clean Energy Media Contact:
Jason Johnston
949-437-1411
jason.johnston@cleanenergyfuels.com
or
Clean
Energy Investor Contact:
Tony Kritzer
949-437-1403
tkritzer@cleanenergyfuels.com
or
Big
Blue Bus Media Contact:
Suja Lowenthal
310-458-1975 x6920
Suja.Lowenthal@smgov.net
Source: Clean Energy Fuels Corp.
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