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CLNE - Clean Energy Fuels Corp. ()

Overview

Company Summary


Clean Energy Fuels Corp. (CLNE) is a company that specializes in providing natural gas fueling solutions for vehicles. Their primary focus is on building and operating fueling stations that supply compressed natural gas (CNG) and liquefied natural gas (LNG) to various sectors, including transportation, airports, and ports.

Clean Energy Fuels aims to reduce the environmental impact of transportation by offering an alternative to traditional gasoline and diesel fuels. Natural gas is considered a cleaner and more sustainable fuel source compared to fossil fuels. It produces lower emissions, including lower levels of greenhouse gases such as carbon dioxide. This makes natural gas an attractive option for fleet operators, trucking companies, and other transportation providers looking to reduce their carbon footprint.

The company operates a network of strategically located fueling stations throughout North America, providing a convenient and reliable fueling infrastructure for natural gas-powered vehicles. They also offer customized solutions for fleet operators, including maintenance and repair services, fuel pricing options, and fleet management technologies.

Clean Energy Fuels' customers range from public transit agencies and waste management companies to port and airport authorities. They assist these customers in transitioning their fleets to natural gas vehicles, providing the necessary infrastructure and support to help organizations achieve their sustainability goals.

Additionally, Clean Energy Fuels is actively involved in developing renewable natural gas (RNG) projects. RNG is produced from organic waste sources such as landfills, wastewater treatment plants, and agricultural operations. By capturing and refining methane from these sources, Clean Energy Fuels is able to offer a renewable and low-carbon alternative fuel option to its customers.

In summary, Clean Energy Fuels Corp. focuses on building and operating natural gas fueling stations and providing fueling solutions to various transportation sectors. Their goal is to promote cleaner and more sustainable transportation options by offering compressed and liquefied natural gas fuels and supporting the development of renewable natural gas projects.

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