Santa Cruz Metropolitan Transit District Awards Long-Term Natural Gas Fuel Supply Contract to Clean Energy.Northern California Transit Operator Accelerates Transition to Buses Powered by Clean-Burning, Environmentally-Friendly Natural Gas
SEAL BEACH, Calif. -- Clean Energy (Nasdaq:CLNE CLNE Customer Located Network Equipment ) has entered a five-year agreement to supply the Metropolitan Transit District in Santa Cruz, California Santa Cruz is the county seat and largest city of Santa Cruz County, California, United States.
As of the 2000 U.S. Census, Santa Cruz had a total population of 54,593. (Santa Cruz Metro The Santa Cruz Metro, Santa Cruz Metropolitan Transit District, SCMTD provides bus service throughout Santa Cruz County, California. Metro also operates extensive bus service between Santa Cruz (city) and San Jose, thanks to a partnership with the Santa Clara Valley ) with clean-burning liquefied natural gas liquefied natural gas: see under natural gas.
Liquefied natural gas (LNG)
A product of natural gas which consists primarily of methane. Its properties are those of liquid methane, slightly modified by minor constituents. (LNG LNG (liquefied natural gas): see under natural gas. ) fuel for its growing fleet of natural gas powered buses. Santa Cruz Metro plans, by mid-2008, to operate 63 CNG CNG Compressed Natural Gas
CNG Calling (Tone)
CNG Comfort Noise Generation
CNG Cryptography Next Generation (Microsoft Windows Vista)
CNG Centre National de Génotypage buses, including 10 currently in service and by replacing 53 older diesel-fueled buses with new or re-powered natural gas models.
To accommodate this expanding fleet, Santa Cruz Metro has constructed a new L/CNG fueling station at its River Street Metroplex. LNG was chosen for the fuel supply because the utility's local distribution system could not provide pipeline gas to produce CNG in quantity sufficient to meet the anticipated future demand of a growing CNG fleet. The LNG supplied by Clean Energy will be converted to CNG to fuel the fleet.
"Clean Energy keeps thousands of natural gas fleet vehicles operating everyday, and we are excited to initiate this fuel supply arrangement with the Santa Cruz Metropolitan Transit District," said James Harger, Senior Vice President, Clean Energy.
"Clean Energy is committed to help reduce pollution and protect environmental quality in every community and region we serve," Harger said, adding that "natural gas is one of the best ways to reduce air pollution and greenhouse gas emissions because natural gas burns cleaner than diesel fuel."
Santa Cruz Metro, the public mass transit system for all of Santa Cruz County Santa Cruz County is the name of two counties in the United States:
About Clean Energy -- Clean Energy, based in Seal Beach, CA, is the leading provider of natural gas (CNG and LNG) for transportation in North America North America is a continent that contains some of the best transportation networks the world has ever seen, containing the United States Interstate Highway System of highways. . It has a broad customer base in the refuse, transit, shuttle, taxi, intrastate and interstate trucking, airport and municipal fleet markets, fueling more than 14,000 vehicles daily at strategic locations across the United States and Canada. Information at: www.cleanenergyfuels.com
Safe Harbor Safe Harbor
1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.
2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement -- This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that involve risks, uncertainties and assumptions. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements, including the timing and number of natural gas buses deployed by Santa Cruz Metro in the future. The forward-looking statements made herein speak only as of the date of this press release and the company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.