Cemex US Inks Renewable Natural Gas Fuel Deal with Clean Energy to Power Fleet in Southern California, Clean Energy to Commission a Private Fueling Station Exclusively for Cemex's Growing RNG Fleet
Portfolio Pulse from Benzinga Newsdesk
Cemex US has signed a deal with Clean Energy Fuels Corp. (NASDAQ:CLNE) to provide renewable natural gas (RNG) for its fleet in Southern California. The agreement includes the construction of a private fueling station for Cemex's trucks, expected to be completed by the end of the year.
May 30, 2024 | 10:35 am
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Clean Energy Fuels Corp. (NASDAQ:CLNE) has signed a deal with Cemex US to provide renewable natural gas (RNG) for Cemex's fleet in Southern California. This includes the construction of a private fueling station, expected to be completed by the end of the year.
The partnership with Cemex US and the construction of a new private fueling station are likely to boost Clean Energy Fuels' business and revenue, positively impacting its stock price in the short term.
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