Clean Energy (CLNE) Pops Higher on New GE (GE) Collaboration

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Go back to Clean Energy (CLNE) Pops Higher on New GE (GE) Collaboration

GE (GE) and Clean Energy Fuels (CLNE) Announce Nat-Gas Infrastructure Project

November 13, 2012 7:47 AM EST

GE (NYSE: GE) and Clean Energy Fuels (Nasdaq: CLNE) today announced a collaboration to expand the infrastructure for natural gas transportation in the United States. The agreement supports Clean Energy's efforts in developing "America's Natural Gas Highway," a fueling network that will enable trucks to operate on Liquefied Natural Gas (LNG) coast to coast and border to border. Truck fleets often can reduce fuel costs by more than 25 percent and lower emissions with LNG.

As part of the collaboration, Clean Energy Fuels will initially purchase two... More