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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 ...

Total, Clean Energy Fuels Form US Biogas JV Mar 5, 2021 12:15:pm Summary by: Joe Murphy Posted in: Total, Clean Energy Fuels Form US Biogas JV France's Total has agreed to form a 50:50 joint venture with California-based Clean Energy Fuels to develop renewable natural gas (biogas) in the US, the latter company said on March 4. The pair will initially commit $100mn to the joint venture, potentially increasing the investment to $400mn or more as development moves forward. Total will provide credit to support Clean Energy's development of the biogas value chain, including a $45mn sum for contrac...

Clean Energy Fuels Corp. and its largest shareholder, Total SE, have formed a 50/50 joint venture (JV) to develop carbon-negative renewable natural gas

by Matthew Mercure (NGT News)  Clean Energy Fuels Corp., a provider of renewable natural gas (RNG) as a transportation fuel in the U.S. and Canada, and Total S.E. have entered a memorandum of understanding (MoU) to create a 50/50 joint venture to develop carbon-negative renewable natural gas (RNG) production facilities in the U.S., as well as credit support to build additional downstream RNG fueling infrastructure.  … The companies have already partnered to expand the use of RNG in the heavy-duty truck market with its Zero Now program, which allows fleets to purchase natural gas trucks f...

Clean Energy, Total to invest in renewable natural gas Clean Energy, Total to invest in renewable natural gas Up to $145 million available for upstream renewable natural gas projects and downstream fueling. Last update: December 21, 2020 Clean Energy Fuels Corp. and its largest shareholder, Total S.E., will create a 50/50 joint venture to develop carbon-negative renewable natural gas (RNG) production facilities in the United States. They will also provide credit support to build additional downstream RNG fueling infrastructure. Total will provide $50 million and Clean Energy $30 million...