Clean Energy Fuels

Published : February 10th, 2016

=E2??s Redeem=E2?=A2 Sales More Than Doubles=2C Will Continue with Expansion

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Clean Energy�s Redeem� Sales More than Doubles in 2015; Growth Should Continue with Expansion into Additional States

NEWPORT BEACH, CALIF. � Feb 10, 2016 Clean Energy Fuels Corp., (NASDAQ: CLNE) today announced that sales of Redeem, its renewable natural gas (RNG) vehicle fuel offering, more than doubled in 2015 to 50 million gasoline gallon equivalents (GGEs) from 20 million GGEs in 2014. Redeem sales have expanded from Clean Energy public-access stations in California, to become the contracted fuel choice of customers like UPS, Republic Services, the City of Santa Monica�s Big Blue Bus, the University of California San Diego and others. Sales of Redeem also have recently expanded into Oregon and Texas. Clean Energy launched Redeem in 2013 and has rapidly increased sales as more fleets want to realize the significant reduction in greenhouse gas (GHG) that Redeem offers as compared to diesel fuel.

UPS, already the largest user of Redeem, currently fuels close to 400 vehicles in California, and will now take delivery for portions of its delivery vehicle fleet in Texas, continuing their commitment to driving one billion miles using its alternative fuel and advanced technology fleet by the end of 2017.
 
"UPS is committed to expanding our use of alternative fuels, including renewable natural gas, to minimize our impact to the environment. Renewable natural gas turns naturally occurring methane into an alternative fuel that replaces diesel and its carbon emissions," UPS senior VP for global engineering and sustainability Mark Wallace said in a release.

 
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Clean Energy Media Contact:
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jason.johnston@cleanenergyfuels.com

Clean Energy Investor Contact:
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tkritzer@cleanenergyfuels.com
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Clean Energy Fuels � 4675 MacArthur Ct. � Suite 800 � Newport Beach, CA 92660 � USA

Clean Energy Fuels

CODE : CLNE
ISIN : US1844991018
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Clean Energy is based in United states of america.

Clean Energy is listed in Germany and in United States of America. Its market capitalisation is US$ 346.0 millions as of today (€ 303.1 millions).

Its stock quote reached its highest recent level on September 05, 2014 at US$ 9.99, and its lowest recent point on March 13, 2020 at US$ 1.05.

Clean Energy has 151 085 558 shares outstanding.

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