Clean Energy Co-Founder T. Boone Pickens Remains Bullish on the Company
September 11 2015 - 6:00AM
Business Wire
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.
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version on businesswire.com: http://www.businesswire.com/news/home/20150911005136/en/
Clean Energy Fuels Corp.Media:Gary Foster,
949-437-1113gary.foster@cleanenergyfuels.comorInvestors:Tony
Kritzer, 949-437-1403tkritzer@cleanenergyfuels.com
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