SEAL BEACH, CA & GAINESVILLE, GA--May 7, 2013: --Clean Energy Fuels Corp. and Mansfield Energy Corp. today announced a strategic partnership to offer customers the most comprehensive solution in the compressed natural gas (CNG) fuel industry. Sales teams from both companies will offer Clean Energy's natural gas fueling station construction and operational services to current and potential customers. These services will be supported by Mansfield's large-scale fuel supply capabilities and Gas-2-Gallons fuel management system, creating a superior solution for the growing number of fleets making the switch to cleaner, cheaper natural gas.
“This agreement joins two leaders of fleet fueling into strategic partners that will provide the highest level of service and best value for customers in the rapidly growing natural gas fuel market”
"This agreement joins two leaders of fleet fueling into strategic partners that will provide the highest level of service and best value for customers in the rapidly growing natural gas fuel market," said Andrew J. Littlefair, president and CEO of Clean Energy. "No other company offers fuel customers the benefit of scale and expertise that Mansfield provides. Clean Energy has built and operated more CNG stations and fueled more natural gas vehicles than any company in the U.S. Together, we will be the best solution in the marketplace."
"We want our customers to have the best solution possible for fueling with natural gas," said Michael Mansfield, CEO of Mansfield. "We bring scale in commodity supply, risk management, and transaction processing. Clean Energy has scale in design, engineering, and operations. Bringing these strengths together for our customers provides the benefits of proven technology coupled with large scale operating efficiencies to provide the best value and simplest path to natural gas adoption in the market today."
Mansfield Gas Equipment Systems has ongoing CNG service and operations contracts with 43 locations as well as 20 new CNG sites currently under development in the waste, transit, and municipal fleet sectors. This portfolio will be combined with the 348 CNG and liquefied natural gas (LNG) fueling stations Clean Energy currently owns, operates, or supplies, further solidifying Clean Energy's position as the largest provider of natural gas infrastructure for transportation in North America. Clean Energy's total strategic partnerships to-date represent over 11 billion gallons of gasoline and diesel delivered annually. The company also will become the Western distributor of Mansfield Gas Equipment Systems' FuelMaker, a small scale business and home re-fueling system.
Natural gas fuel costs up to $1.50 less per gallon than gasoline or diesel, depending on local market conditions. The use of natural gas fuel not only reduces operating costs for vehicles, but also reduces greenhouse gas emissions up to 30% in light-duty vehicles and 23% in medium to heavy-duty vehicles.