Biofuels - Clean Energy and Total Sign JV to Develop Carbon-Negative Fuel and Infrastructure - Renewable Energy Magazine, at the heart of clean energy journalism
Tuesday, 09 March 2021 Clean Energy Fuels Corp. and its largest shareholder, Total SE, have announced a 50/50 joint venture to develop carbon-negative renewable natural gas (RNG) production facilities in the United States, as well as credit support to build additional downstream RNG fueling infrastructure. Courtesy of Clean Energy The initial firm commitment is $100 million and can increase to $400 million as development opportunities progress. Since Clean Energy and Total will be providing the equity portion of the investments, the actual amount of capital invested in RNG projects may ...
Source: renewableenergymagazine.com