Clean Energy Fuels Completes $29.5 Million ITC Sale from Renewable Natural Gas Projects in Key Agricultural Regions

Reuters
07/23
Clean Energy Fuels Completes $29.5 Million ITC Sale from Renewable <a href="https://laohu8.com/S/NGS">Natural Gas</a> Projects in Key Agricultural Regions

Clean Energy Fuels Corporation, in collaboration with BP Products North America Inc., has completed the sale of $29.5 million in investment tax credits through their joint venture, CE bp Renew Co, LLC. This marks the third successful transaction involving these credits, derived from four renewable natural gas $(RNG)$ production facilities located in Minnesota, Iowa, and South Dakota. The facilities-Ash Grove, Marshall Ridge, VF Renewables, and Tri Cross-collectively produce up to 3.9 million gallons of negative carbon-intensity RNG annually. This development underscores the value of Clean Energy's RNG portfolio and signals strong market confidence, paving the way for future growth in the clean fuel sector.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Clean Energy Fuels Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20250723130747) on July 23, 2025, and is solely responsible for the information contained therein.

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