CLNE Clean Energy Fuels

Catalina Pacific®, a CalPortland® Company, Stakes Out Environmental Leadership Position by Converting Its California Ready-Mix Truck Fleet to Clean Energy’s Redeem™

Clean Energy Fuels Corp. (Nasdaq: CLNE) announced today that it will begin supplying its Redeem™ renewable natural gas (RNG) to 118 Catalina Pacific®, a CalPortland® Company, ready-mix concrete trucks which operate throughout Southern California. By converting these trucks to Redeem, Catalina Pacific® will operate the cleanest ready-mix concrete fleet in the United States, reducing greenhouse gas emissions (GHGs) by over 70 percent and smog-causing NOx emissions by over 90 percent (compared to a 2010 diesel engine).

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180425005244/en/

Clean Energy will supply its Redeem™ renewable natural gas (RNG) to 118 Catalina Pacific ready-mix c ...

Clean Energy will supply its Redeem™ renewable natural gas (RNG) to 118 Catalina Pacific ready-mix concrete trucks. (Photo: Business Wire)

By adopting a combination of Clean Energy’s Redeem™ RNG with the new Cummins Westport natural gas engine Catalina Pacific is able to achieve zero emissions from its fleet vehicles, while saving millions of dollars a year in fuel costs.

“Switching to zero emission engines fueled by renewable natural gas instead of diesel has been a real game changer,” said Allen Hamblen, president/CEO of CalPortland. “We look forward to continued exploration of clean alternatives that will make a positive impact on the environment and demonstrate our ongoing commitment to the community.”

An industry leader on energy conservation and environmental quality for more than a decade, CalPortland’s Energy Management Services Program is dedicated to monitoring and improving the functionality of energy use across its operations, which include 65 ready mix plants, 25 aggregate quarries, and 16 cement plants/terminals. The company has been awarded the prestigious U.S. Environmental Protection Agency’s Energy Star® Partner of the Year for 14 consecutive years.

Catalina Pacific’s 118 concrete mixers are expected to consume an average of 75,000 gallons of Redeem fuel per month, which displaces approximately 8,365 metric tons annually of GHG emissions. The trucks will fuel at two Catalina Pacific private time fill stations, as well as Clean Energy’s network of public access stations in Southern California.

“CalPortland has been a trailblazer in sustainable initiatives, and to date has made the largest investment in natural gas vehicles within the concrete industry in the western United States,” said Chad Lindholm, vice president of sales, Clean Energy. “By converting its fleet to the new clean natural gas engine technology and Redeem, CalPortland will dramatically reduce the amount of smog and greenhouse gases it produces. We congratulate them on their leadership.”

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 stations (LNG) and deliver more CNG, LNG and RNG vehicle fuel than any other company in the U.S. Clean Energy sells Redeem RNG fuel and believes it is the cleanest transportation fuel commercially available, reducing greenhouse gas emissions by up to 70%. For more information, visit www.CleanEnergyFuels.com.

About CalPortland

CalPortland is the largest building materials company which produces cement and construction material products on the west coast of the United States. CalPortland has operations in Alaska, Washington, Oregon, California, Nevada and Arizona as well as in British Columbia and Alberta. Since 1891, CalPortland has been producing unsurpassed quality cement based products and delivering material on time and uninterrupted with integrity, reliability and consistency. For further information, visit http://www.CalPortland.com.

Forward-Looking Statements

This news 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, including without limitation statements about the benefits of Redeem relative to other fuels and the amount of Redeem CalPortland will consume. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements as a result of several factors, including, without limitation, conditions at RNG production facilities, the cost and operating experience associated with natural gas vehicles and changes to federal and state programs that help make production and distribution of Redeem cost-effective. The forward-looking statements made herein speak only as of the date of this press release and, unless otherwise required by law, Clean Energy undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. Additionally, the reports and other documents Clean Energy files with the SEC (available at www.sec.gov) contain risk factors, which may cause actual results to differ materially from the forward-looking statements contained in this news release.

EN
25/04/2018

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Clean Energy Fuels

Thanks to a better fundamental star rating, CLEAN ENERGY FUELS sees an...

The independent financial analyst theScreener just awarded an improved star rating to CLEAN ENERGY FUELS (US), active in the Alternative Fuels industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 3 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date February 11, 2022, the...

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

Jonathan Moreland
  • Jonathan Moreland

Monthly Insider Special Screens: July 1, 2018

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

Jonathan Moreland
  • Jonathan Moreland

Weekly Insider Tables: June 16, 2018

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

MDP MEREDITH CORP
RUN SUNRUN INC.
RM REGIONAL MANAGEMENT CORP
RDUS RADIUS HEALTH INC.
QTS QTS REALTY TRUST INC. CLASS A
ODP. ODP CORPORATION
MRTX MIRATI THERAPEUTICS INC.
MIC MACQUARIE INFRASTRUCTURE CORPORATION
MELI MERCADOLIBRE INC.
MAA MID-AMERICA APARTMENT COMMUNITIES INC.
LXRX LEXICON PHARMACEUTICALS INC.
LMRK LANDMARK INFRASTRUCTURE PARTNERS
A2N6GQ LEGACY RESERVES
LBTYA LIBERTY GLOBAL PLC CLASS A
JCAP JERNIGAN CAPITAL INC.
ITRI ITRON INC.
INT WORLD FUEL SERVICES CORPORATION
INOV INOVALON HOLDINGS INC. CLASS A
IMMU IMMUNOMEDICS INC.
HASI HANNON ARMSTRONG SUSTAINABLE INFRASTRUCTURE CAPITAL INC.
GOGO GOGO INC.
GLPI GAMING AND LEISURE PROPERTIES INC.
GFN GENERAL FINANCE CORP.
GABC GERMAN AMERICAN BANCORP
ERIE ERIE INDEMNITY COMPANY CLASS A
DLTR DOLLAR TREE INC.
DISH DISH NETWORK CORPORATION CLASS A
CPRX CATALYST PHARMACEUTICALS
CLNE CLEAN ENERGY FUELS
CHRISTOPHER & BANKS CORP.
BECN BEACON ROOFING SUPPLY INC.
AXON SIO GENE THERAPIES INC
AVON. AVON PRODUCTS INC.
AMH AMERICAN HOMES 4 RENT CLASS A
ADMA ADMA BIOLOGICS INC
CVM CEL-SCI CORP.
CORE CORE-MARK HOLDING COMPANY INC.
VSI VITAMIN SHOPPE
CET CENTRAL SECURITIES CORP.
CDEV CENTENNIAL RESOURCE DEVELOPMENT INC. CLASS A
GEC GREAT ELM CAPITAL GROUP INC
GWRS GLOBAL WATER RESOURCES
TNXP TONIX PHARMACEUTICALS HOLDING CORP
LCII LCI INDUSTRIES
WOW WIDEOPENWEST INC.
GPMT GRANITE POINT MORTGAGE TRUST INC.
MLNT MELINTA THERAPEUTICS
DOVA DOVA PHARMACEUTICALS INC.
EOLS EVOLUS INC
TACO TACO CABANA INC.
OFG ORIENTAL FINANCIAL GROUP
ORM INC.
HCFT OWENS REALTY MORTGAGE INC
CLBK HUNT COMPANIES FINANCE TRUST
INC.
COLUMBIA FINANCIAL
Jonathan Moreland
  • Jonathan Moreland

Daily Insider Ratings Report: June 12, 2018

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

ResearchPool Subscriptions

Get the most out of your insights

Get in touch