Clean Energy Fuels Surges on RNG Growth | Business and Finance News

Clean Energy Fuels delivered strong Q2 earnings with $106M in revenue, 63M gallons of RNG sold, and $16M in adjusted EBITDA—right on track for annual goals. Their cash reserves hit $138M, while upstream RNG production improved thanks to better weather and ramp-ups in Texas and Idaho. Three new joint venture projects are coming online, with two expected by year-end and one in 2026, all poised to benefit from the anticipated Section 45Z clean fuel credit (final rules expected Q4). In trucking, demand for natural gas is surging as fleets delay diesel purchases amid EPA uncertainty, especially with the X15N engine now available in Canada. CNG remains a top choice for transit and refuse fleets, even as FTA prioritizes it over zero-emission buses. The company is also expanding into hydrogen infrastructure, securing a $27M deal with Orange County for a new station supporting their fuel-cell bus fleet. They’re leveraging compression tech to offer independent power solutions in remote or grid-challenged areas. Full-year guidance remains intact, with expectations for stronger H2 2026 performance, potential $5M EBITDA lift from the 45Z credit, and 7% overall fuel volume growth—driven by rising RNG sales and promising new project pipelines. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/332131229ae575ac