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TheStreet Open House

Clean Energy To Double CNG Capacity For Saddle Creek Heavy-duty Truck Station And Opens Two More America’s Natural Gas Highway Stations

Stocks in this article: CLNE

Clean Energy Fuels Corp. (NASDAQ: CLNE) today announced plans to double the CNG station capacity at Saddle Creek Transportation’s natural gas station in Lakeland, Fla., where an additional 25 heavy-duty natural gas trucks are expected to fuel. Additional fueling agreements recently signed have resulted in the construction of new natural gas stations to support Clean Energy’s growing portfolio of natural gas fuel customers in the heavy-duty trucking, ready-mix and transit market segments.

Trucking

Saddle Creek Logistics Services Expands CNG Station Capacity for Growing Heavy-duty Natural Gas Truck Fleet

  • Clean Energy will double Saddle Creek’s existing CNG station capacity in Lakeland, Fla., with two additional 300-Horsepower compressors and 55 additional new time-fill fueling points.
  • Saddle Creek plans to add 25 heavy-duty CNG Freightliner 12-Liter Cascadia tractors to its existing fleet of 150 to meet increased customer demand for CNG-fueled logistics. The additional vehicles are forecasted to consume approximately 400,000 DGEs of CNG annually and are scheduled to be deployed in October 2014 once the station capacity has been increased.
  • Clean Energy will continue to operate and maintain the station, which it initially built for Saddle Creek in 2011.

“Our natural gas trucks—now on their fifth-generation—are an integral part of our logistics offering. Our fleet currently has over 24 million miles using Natural Gas. Our customers recognize the importance of sustainability in their supply chain and the value in moving goods with natural gas. We are expanding our fueling capacity to meet this rising demand.” Michael DelBovo, president, Saddle Creek Transportation

Two America’s Natural Gas Highway Stations Open

  • Under previously-announced fueling agreements, Raven Transport has begun fueling at the Walton, Ky., station, and NFI hauling for Lowe’s has begun fueling at the Sulphur Springs, Texas, station.

Ready-mix

Schwarz Ready Mix Contracts with Clean Energy to Build Private CNG Fueling Station

  • A fleet of 16 heavy-duty day cab tractors are scheduled to replace old diesel trucks and begin fueling once the station is completed, which is scheduled for the fourth quarter of 2014. 14 CNG ready-mix concrete trucks are expected to be added shortly thereafter as Schwarz continues to replace its old diesel fleet with natural gas trucks.
  • The station will use a General Electric CNG in a Box system, 20 time-fill fueling points and one fast-fueling point.
  • Once fully-deployed, the fleet is forecasted to consume approximately 828,000 DGEs of CNG annually, roughly the equivalent of taking 400 cars off the road.

“Using a more economical and American fuel for our fleet made the decision to transition to natural gas an easy one. We appreciate our strong partnership with Clean Energy that helped to make this transition seamless.” Philip Schwarz, president, Schwarz Ready Mix

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