Tag Archives: compressed natural gas

Clean Energy Fuels (CLNE) Gets 10YR CNG Fueling Contract In Austin, Texas

Add Austin, Texas to the expanding portfolio of CNG fueling station locations for Clean Energy Fuels (CLNE).  The company announced earlier today that it has won a 10 year contract to design, build and maintain a public compressed natural gas (CNG) fueling station near the Austin-Bergstrom International Airport.  Not only will the station will serve the general public, but provide fuel to airport shuttles and taxi cabs.  Construction is expected to begin in just a … Read the rest

Clean Energy Fuels (CLNE) Secures CNG Contract In New Jersey

Clean Energy Fuels (CLNE) has been awarded another CNG contract this morning, this time from the Atlantic County Utilities Authority which provides waste and recycling services in southern New Jersey.  CLNE will design, build and maintain a new compressed natural gas fueling station to support ACUA’s growing fleet of CNG vehicles.  The facility will be open 24/7 and be available to the  general public.  No word on the financials of the deal

James Harger … Read the rest

Fuel Systems Solutions (FSYS) Beats, Guides Higher, Up 10% AH

Not a real impressive quarter out of FSYS after the bell today, but in this environment all you need to do is beat low expectations, guide in line or higher and the stock is usually off to the races.  No exception here.  The company beat analyst estimates by .14/share, posting .46/share which is a 15% decrease from the year ago quarter.  Revenues were off 6% over the year ago period, but also beat estimates with … Read the rest

Clean Energy Fuels (CLNE) Beats With Another Flat Quarter

Clean Energy Fuels (CLNE) which provides compressed natural gas fueling stations (mostly for commercial vehicles), is still in search of consistent profits and revenue growth.  While the company beat estimates slightly posting a loss of .06/share, that marks 5 out of the past 6 quarters the company has been under water.  Revenue growth remains stagnant.  The company posted revenues of $30.2 which about matched last years quarter.  I suppose in this environment flat growth isn’t … Read the rest

Clean Energy Fuels (CLNE) Gets CNG Fueling Contract From The Parking Spot

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

AT&T (T) To Spend $565 Million Over 10 Years On CNG & Other Alternative Energy Vehicles

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

Clean Energy Fuels (CLNE) Gets New CNG Contract From TransLink of BC

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) Extends LNG/CNG Contract With Sun Metro

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

Clean Energy Fuels (CLNE) To Provide CNG Fueling to Central Jersey Waste

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) Awarded 10 Yr California Contract

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