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Clean Energy to Expand Relationship with Gold Coast Transit by Constructing the Agency’s First Hydrogen Station

NEWPORT BEACH, Calif. & OXNARD, Calif.--(BUSINESS WIRE)--Clean Energy Fuels Corp. (Nasdaq: CLNE) announced that it was awarded a contract to design and build a new hydrogen fueling station for Gold Coast Transit District (GCTD), which serves multiple cities in Ventura County, CA. The contract includes a five-year maintenance agreement for what will be a private station that initially will fuel five fuel cell buses, with plans to eventually transition a fleet of approximately 70 vehicles to zero emissions by 2040. This is part of GCTD’s vision to provide environmentally responsible public transportation.

“It is very rewarding to work with forward-looking transit agencies like Gold Coast and we are honored that they chose us to take them into hydrogen fueling and fuel cell buses,” said Chad Lindholm, senior vice president at Clean Energy.

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“Gold Coast Transit and Clean Energy’s partnership to bring healthier living for the people of Ventura County through clean-operating buses goes back years,” said Chad Lindholm, senior vice president at Clean Energy. “It is very rewarding to work with forward-looking transit agencies like Gold Coast and we are honored that they chose us to take them into hydrogen fueling and fuel cell buses.”

GCTD was awarded $12.1 million by the U.S. Department of Transportation’s Federal Transit Administration to construct a new hydrogen station and purchase hydrogen fuel cell electric buses.

“We look forward to working with Clean Energy through the construction of a new hydrogen station and then rolling out our first zero-emissions fuel cell buses,” said Vanessa Rauschenberger, GCTD General Manager. “GCTD has always been at the forefront of clean transportation, and transitioning our fleet to include hydrogen-powered buses will enable us to provide Ventura County with even greener transportation options in the years to come.”

The new hydrogen station is expected to be completed in 2027 and will be located at GCTD’s Oxnard facility.

Clean Energy currently maintains GCTD’s natural gas station and provides renewable natural gas (RNG) for their fleet of 61 buses.

About Clean Energy

Clean Energy Fuels Corp. is the country’s largest provider of the cleanest fuel for the transportation market. Our mission is to decarbonize transportation through the development and delivery of renewable natural gas (RNG), a sustainable fuel derived by capturing methane from organic waste. Clean Energy allows thousands of vehicles, from airport shuttles to city buses to waste and heavy-duty trucks, to reduce their amount of climate-harming greenhouse gas. We operate a vast network of fueling stations across the U.S. and Canada as well as RNG production facilities at dairy farms. Visit www.cleanenergyfuels.com and follow @ce_renewables on X and LinkedIn.

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 timing and scope of design, construction, maintenance, and other projects; the numbers and timing of vehicles expected to be deployed and fueled; the environmental and other benefits of hydrogen fuel; the availability of government programs and incentives; and the impacts of legislative and regulatory developments. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements. 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.

Contacts

Clean Energy media contact:
Kimberly Fleer
1-949-437-1447
kimberly.fleer@cleanenergyfuels.com

Clean Energy investor contact:
Thomas Driscoll
1-949-437-1191
thomas.driscoll@cleanenergyfuels.com

Clean Energy Fuels Corp.

NASDAQ:CLNE

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Contacts

Clean Energy media contact:
Kimberly Fleer
1-949-437-1447
kimberly.fleer@cleanenergyfuels.com

Clean Energy investor contact:
Thomas Driscoll
1-949-437-1191
thomas.driscoll@cleanenergyfuels.com

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