Clean Energy Fuels CEO Discusses Q4 2010 Results - Earnings Call Transcript

Let me finish up my section of today's remarks with an update on the pipeline. Looking back on 2010, we built 55% more stations than in 2009. In the fourth quarter alone we completed 20 stations while continuing to add construction and engineering capabilities. For the year, we built 45 stations. Already we built eight stations in the first quarter of 2011 and that compares to two in the first quarter of last year.

Projects in our pipeline are approximately 330. A lot of work has been done for a project to meet our criteria for being added to the pipeline. And within the pipeline there are several categories of projects, we are either negotiation, validation, or qualified prospects. Of the 330, 150 are in the validation and negotiation stages. We now have 61 projects on the carpet. Those are stations under contract, up from 52 three weeks ago. And we believe we will exceed last year's station construction record.

See below for full transcript.

 

 

 

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