Republic Services, Inc, 2nd largest garbage collection company in the US, just announced that it has signed a new partnership agreement with T. Boone Pickens’ Clean Energy Fuels Corporation. Under the terms of the contract, Clean Energy Fuels will build and maintain a compressed natural gas fueling system for the CNG-powered fleet that Clean Energy Republic Services is planning to roll out in Idaho.
In a company press release, executives from both companies commented … Read the rest
The Parking Spot, which provides near airport parking services has awarded Clean Energy Fuels (CLNE) a contract to assist in the transition of the parking shuttle fleet to CNG fuel. CLNE will design, build and maintain 3 CNG fueling stations located on TPS owned properties in Austin, Dallas and Ft Worth Texas with the possibility of a larger contract to convert the nationwide fleet later on.
James Harger, Clean Energy Senior Vice President, said, … Read the rest
Clean Energy Fuels just received a 15-year compressed natural gas fueling station supply contract for Oklahoma State University. Although the fueling station will be used primarily to support OSU as it switches to a more environmentally-friendly fleet of CNG-powered buses and other vehicles, it will also be open to the public.
In a company press release, James Harger, Clean Energy Senior Vice President, commented on the contract:
"We are very grateful for the confidence that … Read the rest
T Boone Pickens has to be thrilled this morning that AT&T has announced a plan to spend $500 million over the next 10 years to begin moving its fleet of vehicles to the natural gas, hybrid and electric variety. $350 million will go to 8000 compressed natural gas vehicles and another $215 million will go to 7000 electric-hybrid vehicles, saving the company 50 million gallons of gas over the next decade. It would be … Read the rest
Fuel Systems Solutions (FSYS) is down more than 25% after reporting an EPS of just .04/share which missed estimates by .38/share and represents an 87% plunge from the year ago quarter. Revenues were equally disappointing at $84 million which is nearly flat growth over the year ago quarter.
Executive comments seemed to brush aside the bad quarter, choosing to focus on the overall growth of 2008 and optimism for 2009. “2008 was a transformational year,” … Read the rest
Clean Energy Fuels (CLNE) reported sub par results after the bell today, reporting a non GAAP EPS loss of .09/share which is considerably wider than the .02/share loss in the year ago quarter. Revenues were flat over the year ago quarter at $29.6 million and about 10% less than what analysts had expected.
For the year in 08 total CNG and LNG delivered came in a bit less than the previous year, so clearly this … Read the rest
Clean Energy Fuels (CLNE) was awarded a new long term CNG contract by TransLink, the South Coast BC Transportation Authority to expand and maintain their fleet of 60 clean burning CNG buses. CLNE has been under contract with TransLink for 10 years and this contract enables TransLink to more than double its fleet as Vancouver moves to greatly reduce harmful emissions. Natural gas produces up to 23% lower greenhouse gas emissions than diesel and is … Read the rest
Clean Energy Fuels (CLNE) is getting an 18 month contract extension from Sun Metro of El Paso, Texas to continue supplying them with liquefied and compressed natural gas fuel to run their fleet of public buses. CLNE has had a contract with Sun Metro since 2003 and now supplies nearly 5 million gallons annually.… Read the rest
Central Jersey Waste & Recycling has hired Clean Energy Fuels (CLNE) under a 5 year contract to provide financing, design, construction, operating and maintenance for a compressed natural gas fueling station. Central Jersey Waste is the first firm in New Jersey to convert a portion of its fleet to natural gas.
James Harger, CLNE VP said, “We are pleased to provide these services for Central Jersey Waste that will in turn benefit the state of … Read the rest
Clean Energy Fuels (CLNE) has been awarded a 10 year contract by the city of Glendale, California to build, maintain and operate a public access natural gas fueling station that will be used to serve public transit buses, municipal vehicles, hauling trucks, taxis, shuttle buses and passenger cars near the Bob Hope airport. It will potentially dispense 800K gallons annually as Glendale’s goal replacing all of its diesel powered fleet vehicles with CNG vehicles over … Read the rest