Press Release Details

DAVENPORT, Fla.--(BUSINESS WIRE)--Jul. 31, 2024-- Clean Energy Fuels Corp. (NASDAQ: CLNE), the largest provider of the cleanest fuel for the transportation market, has announced the opening of its latest renewable natural gas (RNG) fueling station in Davenport, Florida. The site is now providing RNG to heavy-duty trucking and other fleets operating busy routes around Highway 27, I4 and the Florida Turnpike area. RNG is a fuel made entirely from organic waste, and drastically reduces carbon emissions by an average of 300% versus diesel.

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Clean Energy's new renewable natural gas (RNG) fueling station in Davenport, Florida. (Photo: Business Wire)

The opening of the RNG station aligns with the highly anticipated introduction of Cummins’ X15N natural gas engine, a breakthrough development for heavy-duty trucking fleets looking to shift to the ultraclean fuel without compromising on capability. The new engine has been tested by some of the country’s most demanding fleets such as Walmart, Knight Swift, UPS and Amazon and is receiving high praise for its power, torque, fuel economy and the ability to dramatically reduce greenhouse gas (GHG) emissions.

“Clean Energy has seen a strong demand for RNG fuel from both new and existing customers. The Davenport station is in a great location to supply a clean fuel to the many fleets that operate in the central Florida area,” said Chad Lindholm, senior vice president of Clean Energy. “The investments being made by Clean Energy and many others in RNG production will ensure a steady flow of RNG fuel to this station and hundreds of others that are in our network around the country.”

The new station sits on 3.7 acres of land located at 2450 Access Road, Northwest Davenport, FL 33897 and includes five fast-fill dispensers for easy in-and-out fueling and 98 time-fill fueling hoses. Clean Energy currently has a network of over 600 fueling stations in North America and is steadily expanding that number with stations purposely built and strategically located for heavy-duty truck fleets.

Clean Energy is also making substantial investments in the production of RNG at dairy farms. Agriculture accounts for nearly 10% of U.S. GHG emissions and the transportation sector accounts for another 28%, according to the U.S. Environmental Protection Agency. Capturing methane from farm waste lowers these emissions. RNG, produced by that captured methane and used as a transportation fuel, significantly lowers GHG emissions on a lifecycle basis when compared to diesel. This allows RNG to be one of the only transportation fuels to receive a negative carbon-intensity score based on the reduction of emissions at the source and at the vehicle.

About Clean Energy

Clean Energy Fuels Corp. is the country’s largest provider 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 by capturing methane from organic waste. Clean Energy allows thousands of vehicles, from airport shuttles to city buses to waste and heavy-duty trucks, to reduce their amount of climate-harming greenhouse gas. We operate a vast network of fueling stations across the U.S. and Canada as well as RNG production facilities at dairy farms. Visit www.cleanenergyfuels.com and follow @ce_renewables on X and LinkedIn.

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 amounts and timing of renewable natural gas expected to be produced or consumed; the timing and scope of construction, maintenance, and other projects; the numbers and timing of vehicles expected to be deployed, fueled, maintained, or financed; the characteristics and performance of natural gas engines and trucks; the potential development of the consumer market for RNG; the amounts and timing of manure expected to be produced; the environmental and other benefits of Clean Energy’s fuels; the availability of environmental, tax and other government regulations, programs and incentives; and the impacts of legislative and regulatory developments. 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, unless otherwise required by law, Clean Energy undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. Additionally, the reports and other documents Clean Energy 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.

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Media Contact:
Kimberly Fleer
1-949-437-1447
Kimberly.Fleer@cleanenergyfuels.com

Investor Contact:
Thomas Driscoll
1-949-437-1191
Thomas.Driscoll@cleanenergyfuels.com

Source: Clean Energy Fuels Corp.