Gas Output Is Expected to Equate to 6 Million Diesel Gallon Equivalents
Annually
PHOENIX--(BUSINESS WIRE)--
Leading solid waste operator Republic Services, Inc. (NYSE: RSG) has
signed a renewable biomethane recovery agreement with Clean Energy Fuels
Corp. (Nasdaq: CLNE) to process and sell renewable natural gas recovered
from Republic's Sauk Trail Hills Landfill site in Canton, Michigan.
Clean Energy will build a high-BTU landfill gas processing plant at
Republic's Sauk Trail Hills Landfill, which will produce renewable
natural gas for injection into the natural gas pipeline system. The
renewable natural gas will be distributed for vehicle fuel use to
Republic natural gas fleets, Clean Energy customers and direct use by
renewable power customers. The agreement provides Republic a beneficial
use for landfill gas, and will also provide Republic with conventional
natural gas vehicle fuel for use in Republic's growing natural gas
fleet. When the landfill-gas-to-energy processing facility is fully
operational, output of clean, green bio-methane is expected to equate to
6 million diesel gasoline gallon equivalents annually. Production is
expected to begin in early 2012.
Republic also, under other agreements, contracted Clean Energy to build,
operate and maintain 14 compressed natural gas (CNG) refuse vehicle
fueling stations and to provide Republic liquefied natural gas (LNG)
refuse fleets in California with approximately 3 million gallons of LNG
vehicle fuel per year.
Andrew J. Littlefair, Clean Energy President and CEO, said, "We are
delighted with the opportunity to partner with Republic, the nation's
second largest solid waste company, in this new sustainable energy
venture. This underscores and expands a major new business direction for
Clean Energy, with the goal of supplying renewable natural gas fuel to
tens of thousands of natural gas vehicles operating across America."
"This is truly an innovative project that provides Republic with a
beneficial use for our landfill gas and gives us the flexibility for use
in Republic's markets where it meets our growing natural gas fleet's
operational needs," said Don Slager, president and COO of Republic.
Republic intends to use a portion of the sustainable bio-methane
produced at the site to fuel its expanding fleet of natural gas, solid
waste hauling trucks. In addition, Clean Energy expects to
provide the Sauk Trail Hills bio-methane product to fleet customers in
its national network of compressed natural gas vehicle fueling stations.
Renewable bio-methane gas is a by-product derived from the compression
of the landfill waste and decomposition. Used for vehicle fuel,
environmentally friendly landfill gas generates up to 88 percent less
greenhouse gas emissions than diesel fuel or gasoline.
Republic Services, Inc.
Republic Services, Inc. provides recycling and solid waste collection,
transfer and disposal services in the United States and Puerto Rico. The
Company's various operating units, including collection companies,
transfer stations, recycling centers and landfills, are focused on
providing reliable environmental services and solutions for commercial,
industrial, municipal and residential customers. For more information,
visit the Republic Services website at www.republicservices.com.
About Clean Energy Fuels
Clean Energy (Nasdaq: CLNE) is the largest provider of natural gas fuel
for transportation in North America and a global leader in the expanding
natural gas vehicle market. It has operations in CNG and LNG vehicle
fueling, construction and operation of CNG and LNG fueling stations,
biomethane production, vehicle conversions and compressor manufacturing.
Clean Energy fuels over 18,300 vehicles at more than 200 strategic
locations across the United States and Canada with a broad customer base
in the refuse, transit, trucking, shuttle, taxi, airport and municipal
fleet markets. It owns and operates a landfill gas facility in Dallas,
Texas, that produces renewable methane gas, or biomethane, for delivery
in the nation's gas pipeline network. It owns and operates LNG
production plants in Willis, Texas and Boron, Calif. with combined
capacity of 260,000 LNG gallons per day and that are designed to expand
to 340,000 LNG gallons per day as demand increases. BAF Technologies,
Inc., a wholly owned subsidiary, is a leading provider of natural gas
vehicle systems and conversions for taxis, limousines, vans, pick-up
trucks and shuttle buses. IMW Industries, Ltd., a wholly owned
subsidiary based in Canada, is a leading supplier of compressed natural
gas equipment for vehicle fueling and industrial applications with more
than 1,000 installations in over 20 countries. 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
statements about the commencement of commercial operations of the
renewable natural gas plant, the amount of renewable natural gas that
will be produced by the plant and the potential use of the renewable
natural gas as a vehicle fuel, for direct use or for power generation.
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 construction and permitting delays,
difficulties in meeting and maintaining compliance with local pipeline
specifications for pipeline injection, lack of performance or
unanticipated mechanical or operational issues of the renewable natural
gas plant or lack of availability of suitable landfill gas from the
landfill for processing to pipeline quality due to well field management
or other gas collection issues . The forward-looking statements made
herein speak only as of the date of this press release and the company
undertakes no obligation to publicly update such forward-looking
statements to reflect subsequent events or circumstances.
Media Contacts:
Republic
Services
Peg Mulloy, (480) 627-2887
Clean Energy
Bruce
Russell, (310) 559-4955 x101
or
Investor
Contacts:
Republic Services
Ed Lang, (480)
627- 2837
Clean Energy
Ina McGuinness, (805) 427-1372
Source: Clean Energy Fuels Corp.
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