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Clean Energy Fuels (CLNE) Awarded $3.6M MSRC Grant

July 17, 2008 8:35 AM EDT
CLNE Hot Sheet
Overall Analyst Rating:
    NEUTRAL (Down Down)

EPS Growth %: -220.0%
Clean Energy Fuels Corp. (Nasdaq: CLNE) was awarded $3.6 million in Mobile Source Air Pollution Reduction Review Committee (MSRC) grants to help defray the cost of expanding the Southern California network of natural gas fueling stations with nine new stations.

In addition, SCAQMD announced grant awards totaling $7.7 million to assist a group of Clean Energy’s customer companies with the purchase of clean-burning natural-gas powered heavy-duty fleet trucks, full-size buses and taxis.

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