JTA Awards Clean Energy Multi-year $8.1 Million Station Design, Construction and Fueling Deal NEWPORT BEACH, Calif.--(Business Wire)--Clean Energy Fuels Corp., (NASDAQ: CLNE) today announced it will design, build and operate a compressed natural gas (CNG) fueling station for the Jacksonville Transportation Authority (JTA). The deal, valued at $8.1 million, will also include facility modifications to accommodate the conversion of JTA’s buses from diesel to CNG. To support JTA’s fleet conversion to cleaner-burning natural gas buses, Clean Energy will design, build and maintain a CNG station to support JTA’s conversion of 100 buses from diesel to CNG. Construction is scheduled to be completed in late 2015. Once fully-deployed, this fleet is forecasted to consume approximately 1 million DGEs of CNG annually which represents a greenhouse gas reduction of approximately 2,318 metric tons. JTA anticipates saving approximately $5.7 million over the life of the agreement by switching to natural gas fuel. The facility located at 100 N Myrtle Ave, Jacksonville, FL, will be publicly accessible for local fleets. Clean Energy’s Facility Modification team has also been tapped to retrofit JTA’s two maintenance facilities to accommodate the new CNG fleet. “The CNG fueling facility is a “win-win-win” for the Authority and the Jacksonville community,” said JTA Chief Executive Officer Nathaniel P. Ford Sr. “We will reduce costs, improve the environment and create opportunities for other fleets to reap the benefits of CNG.”
Posted on: Tue, 16 Dec 2014 17:37:37 +0000
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