Clean Energy Fuels Strikes a Deal to Power Cemex’s Southern California (NASDAQ:CLNE) Fleet

Group of rows of green stacked biofuel barrels in a warehouse — scanrail/iStock via Getty Images

Clean energy fuels (NASDAQ:CLNE) said Thursday it has reached a new fuel agreement to provide Cemex (CX) with renewable natural gas to power 39 ready-mix and bulk cement trucks in Southern California.

Delivery forecast ~300 thousand. gal/year RNG, clean energy (CLNE) stated that the fleet will use a network of public stations in Southern California to run on RNG fuel, which reduces greenhouse gas emissions by an average of 300% compared to diesel fuel.

In addition to the new fueling agreement, Clean Energy (CLNE) said it will launch a private fueling station in Rialto, California, exclusively for Cemex’s (CX) growing RNG fleet.

Clean Energy (CLNE) said it expects the construction project to be completed by the end of the year, with Cemex (CX) trucks refueling on site shortly thereafter.