Clean Energy Fuels Corp., which supplies fuel to the transportation market, has been awarded a contract by the San Diego Metropolitan Transit System to provide an expected 86 million gallons of renewable natural gas (RNG) to operate its bus fleet.
“San Diego MTS was an early adopter of natural gas in the 1990s and has continued to seek cleaner and more economical fueling options,” said Clean Energy Senior Vice President Chad Lindholm. “As a result of the use of RNG the people who live in the San Diego area will have less exposure to greenhouse gas emissions and cleaner air.”
Shares in Clean Energy Fuels (Nasdaq: CLNE) closed down 0.9% at $5.73 apiece for a market cap of $1.3 billion.
