Clean Energy Fuels Corp. (NASDAQ: CLNE), along with its industry partner Union Energy Solutions Limited Partnership said it has signed an agreement to fuel United Parcel Service Canada delivery fleet vehicles with compressed natural gas at its London, Ontario station.
Financial details were not released in a statement today.
Union Energy Solutions is an unregulated affiliate of Enbridge Gas Inc.
UPS Canada has converted 25 package delivery vans to operate on CNG – a lower carbon alternative to gasoline.
Clean Energy Fuels closed up 6.3% at $6.74 per share for a market cap of $1.5 billion, following the announcement about UPS.