BUZZ-Clean Energy signs renewable natural gas deals; shares rise

Reuters
2024-12-05
BUZZ-Clean Energy signs renewable natural gas deals; shares rise

Updates

** Shares of U.S.-based renewable energy firm Clean Energy Fuels CLNE.O rise 1.7% to $2.85

** Co says it signed new renewable natural gas $(RNG)$ deals with cross-industry customers to meet growing fuel demand

** CLNE has signed an RNG fueling agreement with logistics firm DHL to provide 100,000 gallons annually over a three-year period to power DHL trucks in California, Texas and Arizona

** Co also signed supply deals with several other firms including Food Express, LA Metro, MarBorg Industries, SalSon Logistics, Estes Express Lines

** Including session's gain, stock down 26.6% YTD

(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com;))

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