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Friday, June 22, 2018 2:13:02 PM
I am really excited about the possibility of making good ROI on my CLNE investment..
Clean Energy Opens CNG Station for Buses and Refuse Trucks Transitioning to Cleaner Fuel Alternative in Olathe and Johnson County, KS
OLATHE, Kan.--(BUSINESS WIRE)--Jun. 22, 2018-- Clean Energy Fuel Corp. (Nasdaq: CLNE) today joined city officials and county executives in the City of Olathe and Johnson County, KS to mark the opening of a compressed natural gas (CNG) fueling station that is expected to greatly reduce greenhouse gas (GHG) emissions, fueling costs, noise pollution, and maintenance expenses.
Clean Energy CNG fueling station powers buses and refuse trucks in Olathe and Johnson County, KS wit ...
Clean Energy CNG fueling station powers buses and refuse trucks in Olathe and Johnson County, KS with natural gas. (Photo: Business Wire)
“This successful collaboration between two government entities is an impressive accomplishment that will maximize the efficiency of the station and improve the ROI for the project,” said Scott Vazzana, senior business development manager, Clean Energy. “By switching to natural gas, it is expected that the city and county will realize a $6.9 million in fuel savings through 2026, while providing improved air quality for the communities.”
The $4 million project, funded by both municipalities, along with the Kansas Department of Transportation (KDOT), will jointly power 50 refuse vehicles in Olathe and 120 transit buses in Johnson County. The initiative is expected to reduce toxic emissions in the region by an estimated 20 to 29 percent, lower consumption of diesel fuel by 7,300 gallons annually, per truck, and provide an estimated 80 percent decrease in noise level.
“We know having access to cleaner burning transportation fuel like CNG is critical for air quality in our region, and in turn the quality of life of our residents,” said City of Olathe Public Works Director Mary Jaeger. “We are thrilled to be part of this green initiative.”
The City of Olathe and Johnson County join other successful Clean Energy projects and stations in the region, including the City of Kansas City, MO, the Kansas City Transportation Authority, Lee’s Summit School District, Blue Springs School District, and the North Kansas City School District.
About Clean Energy
Clean Energy Fuels Corp. is the leading provider of natural gas fuel and renewable natural gas (RNG) fuel for transportation in North America. We build and operate compressed natural gas (CNG) and liquefied natural gas (LNG) stations and deliver more CNG, LNG and RNG vehicle fuel than any other company in the United States. Clean Energy sells Redeem RNG fuel and believes it is the cleanest transportation fuel commercially available, reducing greenhouse gas emissions by up to 70 percent. For more information, visit www.CleanEnergyFuels.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180622005094/en/
Source: Clean Energy Fuels Corp.
Clean Energy Contact:
Raleigh Gerber, 949-437-1397
raleigh.gerber@cleanenergyfuels.com
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