Clean Energy Fuels posts narrower-than-expected Q4 loss
  
 Vancouver, BC Transit Agency Awards Natural Gas Fuel Station Contract to Clean Energy

CLNE $4.70
Shares Outstanding 44.3 M
Float: 21.8 M
3/5/2008

 Even in this crazy market lately we still need to keep our eye on potential winners. This stock has been trending down the last couple months and I feel like now is the time to accumulate.  The company is expanding across the U.S. and is meeting a demand for lower fuel cost. This is the quickest way to help our country move from its dependence on oil and take advantage of the huge deposits of Natural gas in our country. Clean Energy Fuels Corp. provides natural gas as an alternative fuel for vehicle fleets in the United States and Canada. It designs, builds, finances, and operates fueling stations and supplies compressed natural gas and liquefied natural gas. The company serves approximately 275 fleet customers operating 14,000 natural gas vehicles in public transit, refuse hauling, airports, taxis, seaports, and regional trucking markets. As of December 31, 2007, Clean Energy Fuels Corp. owned and operated 170 natural gas fueling stations in Arizona, California, Colorado, Maryland, Massachusetts, Nevada, New Mexico, New York, Texas, Washington, Georgia, Wyoming, and Canada. The company was incorporated in 2001 and is based in Seal Beach, California.

  In Recent News
 
 For the latest fourth quarter, the company reported a loss of 47 cents a share. Excluding items, Clean Energy posted a loss of 9 cents a share, while analysts on average were expecting a loss of 36 cents, according to Reuters Estimates.
 
 The company said combined quarterly compressed natural gas and liquefied natural gas volumes were 18.7 million gasoline gallon equivalents (Gallons), compared with 18.2 million Gallons in the year-ago period.

  Clean Energy also said it expects demand for natural gas as a vehicle fuel increasing. "There has never been greater interest in reducing greenhouse gasses, instituting low carbon and green legislation or in decreasing our dependence on foreign oil," the company said.

 TransLink, the South Coast British Columbia Transportation Authority, has awarded Clean Energy Fuels Corp. a new long-term contract to expand and maintain the compressed natural gas (CNG) fuel station that supports TransLink’s current fleet of 60 clean-burning CNG buses. Located at the agency’s Port Coquitlam Transit Centre, in a suburb of Vancouver, British Columbia, Canada, the Clean Energy-operated, high-volume station will be upgraded and reconfigured to accommodate potential fleet growth of up to 125 buses.

 
 Clean Energy has been under contract to provide CNG fueling services to TransLink since 1998, with total CNG bus fleet consumption now topping 1.2 million US gallons annually. TransLink buses provide 700,000 passenger trips daily on 201 fixed routes in Metro Vancouver’s 695-square-mile service area.

 Alberto Cayuela, TransLink’s Project Manager, said, “Our agency is committed to the reduction of emission impacts from the operation of our transit fleet. To meet this goal, TransLink works to surpass applicable emission regulations and standards in the procurement of new fleet vehicles, and seeks continuous improvement in emissions from the existing fleet by retrofitting or replacing existing equipment and using cleaner fuels. Our program ranges from an ongoing commitment to zero-emission electric trolleys and an investment in clean diesel/electric hybrids to our new fleet of CNG-powered coaches.”

Taking the Lead in Clean-air Transportation

 Formerly Pickens Fuel Corporation and eFuels by BCG, Clean Energy is North America’s largest provider of natural gas with state-of-the-art fueling stations strategically located throughout its markets.

 The Clean Energy vision extends beyond servicing the high fuel-use requirements of fleet operators. We are committed to helping businesses access the measurable advantages of clean-fuel solutions. Simultaneously, we are committed to protecting our environment as the leader in clean-air transportation. Clean Energy has proven that business and environmental goals can indeed find common ground, with mutually profitable results. Our vision and efforts have received recognition and awards from business and environmental organizations alike.
 
 To achieve our corporate vision, Clean Energy designs, builds, operates and maintains natural gas fueling stations offering the latest in convenience, technology and safety. As your knowledgeable partner, Clean Energy will help you realize the full benefits of operating Natural Gas Vehicles (NGVs). With unparalleled industry expertise, we assist clients in understanding current state and federal clean-air regulations, as well as internal mandates. We will meet your needs with just the right fueling solution, and effectively promote your image as a conscientious, forward-thinking company.

 
Clean Energy Fuels Corp.
3020 Old Ranch Parkway
Suite 200
Seal Beach, CA 90740
United States - Map
Phone: 562-493-2804
Fax: 562-493-4532
Web Site: http://www.cleanenergyfuels.com