Clean Energy Fuels (CLNE) Company presentation summary

Company overview and business model

• Operates over 600 fueling stations across North America, serving more than 50,000 vehicles daily.

• Leading supplier and producer of renewable natural gas (RNG) for transportation, with 100+ projects in operation or development.

• Owns 8 RNG production facilities and has 3 more under construction, partnering with major energy companies.

• Provides a range of services including fuel sales, station servicing, LNG, virtual pipeline, and hydrogen solutions.

• Diversifies income through gas sales, environmental credits, and federal tax credits.

Market positioning and customer base

• Supplies RNG to blue-chip customers such as Amazon, UPS, and Waste Management.

• Partners with energy leaders like bp, Chevron, and TotalEnergies.

• RNG is supported by major OEMs and is used in heavy-duty fleets, transit, and refuse vehicles.

• Offers leasing options for RNG trucks through providers like Penske and Ryder.

Environmental and operational advantages

• RNG significantly reduces carbon emissions compared to diesel, supporting sustainability goals.

• RNG is domestically produced, stable-priced, and more affordable than diesel.

• Best suited for high-mileage, long-term, regional, or fixed-route fleet operations.

• RNG production utilizes manure from dairy farms, contributing to circular economy benefits.