Clean Energy fuel rise

Written by  John McKay
Friday, 05 May 2017
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May 5 (LNGJ) - Clean Energy Fuels Corp., the LNG and natural gas fuel company based in Newport Beach in California, said it delivered 85.1 million gallons in the first quarter of 2017, a 9.8 percent increase from 77.5M gallons delivered in the first quarter of 2016. Clean Energy reported that revenue for the first three months of 2017 was $89.5 million, 6.6 percent down on $95.8M logged in the year-ago quarter. Andrew J. Littlefair, Clean Energy President and Chief Executive, stated: “Not only did we grow volumes and strengthen our balance sheet with additional debt reductions, but the deal with BP to buy our renewable natural gas production (made from waste) assets and put in place a long-term supply agreement, positions us very well to continue to grow.”

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