Clean Energy Fuels Corp.

Clean Energy Fuels Corp. is a leading provider of natural gas fuel and fueling infrastructure solutions for the transportation sector in the United States and Canada. The company's core business revolves around supplying renewable natural gas (RNG), compressed natural gas (CNG), and liquefied natural gas (LNG) to medium and heavy-duty vehicle fleets. Beyond fuel supply, Clean Energy Fuels offers comprehensive services including the design, construction, operation, and maintenance of fueling stations, as well as the sale and servicing of essential equipment for RNG production and dispensing. Their business model is further enhanced by the transportation and sale of natural gas fuels via virtual pipelines and direct interconnections. A significant aspect of their strategy involves monetizing environmental credits, such as Renewable Identification Numbers (RINs) and Low Carbon Fuel Standards (LCFS) credits, generated from the production and use of RNG. The company is also actively developing and operating dairy and other livestock waste-to-RNG projects, positioning itself at the forefront of sustainable fuel production. Clean Energy Fuels serves a diverse customer base including heavy-duty trucking companies, airports, refuse collection services, public transit agencies, industrial and institutional energy users, and government fleets, all seeking cleaner and more cost-effective alternatives to traditional diesel and gasoline.