Clean Energy Fuels (NASDAQ: CLNE) has signed an agreement with the Metropolitan Transit Authority of Harris County, Texas, to build its first private compressed natural gas (CNG) fueling station. This station will serve 120 of METRO’s new CNG-powered buses operating in Houston.
Clean Energy will design, build, and maintain the facility, which is expected to use 2 million gallons of CNG annually. The station is key to METRO's goal of running zero-emission vehicles by 2030, reducing nitrogen oxide (NOx) and tailpipe emissions by 90%.
Chad Lindholm, senior vice president at Clean Energy Fuels stated: "For METRO, growing their CNG-powered fleet and making the switch will truly help shift the dial in reaching their sustainability goals.”
Clean Energy Fuels is the country’s largest provider of the cleanest fuel for the transportation market. Clean Energy allows thousands of vehicles, from airport shuttles to city buses to waste and heavy-duty trucks, to reduce their amount of greenhouse gas.
Shares of Clean Energy Fuels trade on the NASDAQ under the ticker symbol CLNE.
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