Clean Energy to Build New CNG Stations for Multiple Transit Agencies and Large School District

By Clean Energy, Market Watch.

Clean Energy Fuels Corp.CLNE, +2.99% today announced that it will construct new compressed natural gas (CNG) stations for Arlington Transit (ART) in Arlington County, Virginia; Nassau Inter-County Express (NICE) in Long Island, NY; and North Kansas City (MO) School District, which is set to become the largest school district in the U.S. to transition its school bus fleet to CNG.

“Despite lower oil prices, Clean Energy continues to add fueling partnerships across all our transportation markets,” said Andrew J. Littlefair, president and CEO of Clean Energy. “No matter if they are with a school district, municipality or trucking company, managers of large fleets are looking for a cleaner fuel that reliably costs less and does not have volatile price swings. Natural gas continues to meet their needs.”

Additional agreements across transportation market segments of transitrefuse, trucking and the bulk fuel market were also announced.

Read more...