Financial terms were not disclosed.
Metro awarded Clean Energy three fueling depots for a five-year term, with an option to extend up to three additional years. Clean Energy already delivers RNG to five additional Metro fueling depots under a previously awarded RNG agreement.
Shares in Clean Energy rose 34% to $17.43 per share for a market cap of $3.5 billion following the announcement today.
Clean Energy Fuels Signs Contract with LA Metro
Want more from the best local business newspaper in the country?
Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!
Would you like to subscribe to Orange County Business Journal?
One-Year for Only $99
- Weekly in-depth coverage in print and digital formats
- Special Features: OC's Wealthiest, Top Priced Home Sales, Giving Guide, OC500, Charity Event Guide, Best Places to Work, Indispensables, Largest Charitable Gifts
- The annual Book of Lists: Orange County's top companies across every industry
