FedEx and Clean Energy Celebrate New CNG Station in Oklahoma City
12 October 2016 - 4:00AM
Business Wire
Clean Energy Announces Plans to Supply
Redeem™ Fuel at the Station
The leaders of FedEx Corp., Clean Energy Fuels Corp. (NASDAQ:
CLNE) and the State of Oklahoma cut a giant ribbon today to
officially open a state-of-the-art compressed natural gas (CNG)
station that will allow over 100 FedEx Freight Class 8 trucks to
use the convenience of fast-fueling as well as money-saving
time-fueling. Also at today’s ceremony, Clean Energy announced that
it expects to supply the station with its Redeem™ renewable natural
gas (RNG) vehicle fuel in the near future. This will expand the use
of Redeem, which can reduce greenhouse gas emissions up to 70% as
compared to diesel, to yet another state and demonstrates the
growing popularity of the fuel to meet companies’ and
municipalities’ sustainability goals.
The event at the FedEx Freight Oklahoma City Service Center was
attended by Oklahoma Governor Mary Fallin, FedEx chairman and CEO
Fred Smith, Clean Energy co-founder Boone Pickens, and Clean Energy
president and CEO Andrew Littlefair, as well as many other federal,
state and local and industry officials.
“As one of the largest logistics companies in the world, FedEx
does its homework when charting a new course and their decision to
open up a major CNG fueling center was no different,” said Andrew
J. Littlefair, CEO and president of Clean Energy. “Led by Fred’s
vision, the company has always had a commitment to operate on the
highest sustainable level. Transitioning a portion of FedEx
Freight’s fleet to a fuel that will substantially reduce greenhouse
gas emissions is another example of their leadership.”
FedEx purchased more than 100 CNG powered tractors and
contracted Clean Energy to design build and maintain the station.
The FedEx Freight facility includes a four-lane, fast-fill station
as well as a time-fill station which has six zones and 18 hoses.
The fueling station is estimated to dispense approximately 2.5
million gasoline gallon equivalents (GGEs) per year, and uses Clean
Energy’s new CleanCNG™ compressors, which produce the cleanest
downstream gas, ensuring cleaner combustion at the vehicle.
To kick off the event, NGVAmerica President Matt Godlewski
presented the annual NGV Achievement Award to Michael Ducker,
president and CEO of FedEx Freight, for his company’s leadership in
alternative fuel transportation.
“It was an honor for NGVAmerica to be at such an important event
to recognize Mike Ducker and FedEx Freight for their commitment to
natural gas fueling,” said Matthew Godlewski, President of
NGVAmerica. “As we continue to advocate for the industry to
legislators in Washington and businesses around the nation, it’s
important that we can point to transportation service providers
like FedEx Freight as an example of leadership when it comes to
reducing GHG emissions.”
Redeem™, often referred to as biomethane, reduces the impact on
the environment because it is captured from sources like landfills
and dairy farms before it is released into the atmosphere, turning
that methane into a safe, useable fuel. Redeem™ is already offered
in California, Oregon and Texas, and used by fleets in the refuse,
transit and trucking industries. Renewable natural gas is available
in commercial quantities today and can meet 100 percent of the fuel
requirements of an 18-wheeler while achieving as much as a 70
percent greenhouse gas reduction. Clean Energy launched Redeem™ in
2013 and has rapidly increased sales as more fleets want to realize
the significant reduction in greenhouse gas (GHG) that Redeem™
offers as compared to diesel fuel
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, 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 amounts and types of natural gas fuel
expected to be consumed and the benefits of natural gas relative to
gasoline and diesel. 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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version on businesswire.com: http://www.businesswire.com/news/home/20161011005588/en/
Clean Energy Media Contact:Jason
Johnston949-437-1411jason.johnston@cleanenergyfuels.comorClean
Energy Investor Contact:Tony
Kritzer949-437-1403tkritzer@cleanenergyfuels.com
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