Headquartered in Newport Beach, CA Fiscal year ends December NASDAQ: CLNE cleanenergyfuels.com
Clean Energy Fuels Corp. is the largest provider of renewable natural gas (RNG) and conventional natural gas fueling solutions for the transportation market in the United States. The company operates a nationwide network of fueling stations across the U.S. and Canada, serving heavy-duty truck fleets, transit agencies, airports, refuse haulers, and other commercial vehicle operators with compressed natural gas (CNG) and liquefied natural gas (LNG). Clean Energy's mission centers on decarbonizing transportation through the development and delivery of RNG, a sustainable fuel derived from organic waste sources including dairy farms and landfills. The company generates revenue from fuel sales, station construction, operations and maintenance (O&M) services, and environmental credit sales including RINs and LCFS credits. Clean Energy also has upstream RNG production investments and operates a Zero Now truck financing program that helps fleets transition to natural gas vehicles. The company has a significant commercial relationship with Amazon, which includes a warrant arrangement that results in non-cash contra-revenue charges. Clean Energy is also expanding into gas-to-power applications, designing and installing LNG fueling systems for industrial and energy security purposes. Updated
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Clean Energy Fuels Corp. is the largest provider of renewable natural gas (RNG) and conventional natural gas fueling solutions for the transportation market in the United States.
The Wall Street consensus 12-month price target for CLNE is $4.01.
