Clean Energy Co-Founder T. Boone Pickens Remains Bullish on the Company
The following statement should be attributed to Andrew J. Littlefair,
president and CEO of Clean
Energy Fuels Corp. (NASDAQ: CLNE).
“My co-founder, Boone Pickens, let me know that he has filed a Form 144
to sell a small portion of his overall holdings in Clean Energy, up to 3
million shares. He emphasized that he still remains as bullish as ever
on the company’s future and the benefits of natural gas as a
transportation fuel, validated by the growing number of vehicle fleets
fueling at Clean Energy stations. Boone will continue to be our largest
shareholder, an active member of the company’s board of directors and a
valuable energy expert for us to tap into.”
Natural gas fuel costs up to $1.00 less than gasoline or diesel,
depending on local market conditions. The use of natural gas fuel also
reduces greenhouse gas emissions up to 30% in light-duty vehicles and
23% in medium to heavy-duty vehicles. In addition, nearly all natural
gas consumed in North America is produced in North America.
About Clean Energy
Clean Energy Fuels Corp. (Nasdaq: CLNE) is the leading provider of
natural gas fuel for transportation in North America. We build and
operate compressed natural gas (CNG) and liquefied natural gas (LNG)
fueling stations; manufacture CNG and LNG equipment and technologies for
ourselves and other companies; develop renewable natural gas (RNG)
production facilities; and deliver more CNG, LNG and Redeem RNG fuel
than any other company in the U.S. For more information, visit www.CleanEnergyFuels.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150911005136/en/
Copyright Business Wire 2015
Source: Business Wire
(September 11, 2015 - 6:00 AM EDT)
News by QuoteMedia
www.quotemedia.com