Clean Energy Fuels (CLNE) Snags 10-year Contract With Yellow Cab Chicago

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09:47:35 am on February 1, 2010

Clean Energy Fuels Inc just announced that they have been awarded a 10-year contract with Taxi Affiliation Services, the company that operates Yellow Cab Chicago. Under the terms of the contract, Clean Energy Fuels will build and operate two CNG fueling stations and supply fuel for Yellow Cab Chicago’s rapidly expanding CNG fleet, which will include an initial deployment of 100 new CNG taxis.

In addition, the stations will be open for public access and will be located near Chicago’s downtown business, hotel, shopping and financial districts.

In a press release, James Harger, Clean Energy’s Chief Marketing Officer and Senior Vice President, commented on hte contract:

“We are delighted to initiate this fuel supply and operations relationship with Taxi Affiliation Services and Yellow Cab Chicago, clear leaders in promoting the use of natural gas fuel. We look forward to supporting their first 100 clean, green CNG-powered taxis, and to provide ongoing support as their fleet expands. These key stations begin a larger city network we intend to build.”

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