Clean Energy Fuels just announced that it is buying Exterran’s natural gas fueling station business. The $5.9 million deal includes all of Exterran’s natural gas stations as well as Exterran’s four maintenance contracts with transit operators.
In an article from Reuters, Clean Energy Fuel’s CEO Andrew Littlefair commented on the purchase:
"Besides the immediate volume and revenue benefits for Clean Energy, this strategic acquisition expands our participation in the transit industry nationwide," Chief Executive
…
Read the rest
While California’s low carbon fuel initiative has both conventional fuel companies and ethanol companies in a tizzy, Clean Energy Fuels Corp sees it as an opportunity. That’s because the standard encourages the use of four fuel types: : hydrogen, electricity, natural gas and biomethane. Of these four fuels, Clean Energy Fuels provides two: natural gas and biomethane. The company owns two LNG plants with a total combined capacity of 260,000 gallons per day, and a … Read the rest
Clean Energy Fuels just received a 15-year compressed natural gas fueling station supply contract for Oklahoma State University. Although the fueling station will be used primarily to support OSU as it switches to a more environmentally-friendly fleet of CNG-powered buses and other vehicles, it will also be open to the public.
In a company press release, James Harger, Clean Energy Senior Vice President, commented on the contract:
"We are very grateful for the confidence that … Read the rest
Clean Energy Fuels Corp will open two new compressed natural gas stations near Atlanta’s Atlanta’s Hartsfield-Jackson International Airport and Oklahoma City’s Will Rogers World Airport. Although the primary clientele of the stations will be municipal and airport vehicles, they are going to be public access stations, which is great news for anyone in these areas who owns a CNG-powered vehicle or is thinking about purchasing one. Clean Energy Fuels will own and operate the new … Read the rest
This fall, Californians will vote on two ballot measures related to alternative energy generation, Proposition 7 and Proposition 10. Although measures encouraging alternative energy generation would seem to be a no-brainer in California, these measures have received a lot of opposition from smaller alternative energy companies and environmental groups.
Proposition 7 would require utility companies to generate half of their power from renewable sources by 2025. On the face of it, that seems like a … Read the rest
Last Night on CNN’s Mad Money, Jim Cramer recommended Clean Energy Fuels Corp as a good alternative energy investment. Clean Energy Fuels Corp is owned by Texas oilman T. Boone Pickens, who recently put forth a plan to wean us from our dependence from oil called Pickens Plan. The Pickens Plan involves replacing as much of our power generation as possible with renewable sources such as wind, and then switching over to natural gas for … Read the rest
Green Alternative Energy Stocks – Solar, Wind, LED Lighting,Smart Grid, Electric/Hybrid Cars, Wave Energy, Green Building, Biofuels & Geothermal