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Clean Energy Fuels
By cracking methane into hydrogen & graphene, we transform carbon from an environmental liability into a valuable asset. | We all understand the urgency...
Clean Energy Fuels
By cracking methane into hydrogen & graphene, we transform carbon from an environmental liability into a valuable asset. | We all understand the urgency behind climate change: we must reduce greenhouse gases dramatically and fast. But what tends to get lost in the conversation–and is of equal importance–is the reality that as a global society, we consume a tremendous amount of energy. Demand for energy has grown exponentially, worldwide, and will only continue to do so as countries develop and technology advances.
General information
Firm type
Alternative Fuels / RNG Provider
Year founded
1996
Location
Region
North America
Country
United States
City
Newport Beach
Corporate office
Newport Beach, CA, United States
Principals
Andrew Littlefair
Chief Executive Officer
Sector focus
Frequently asked questions
How does Clean Energy Fuels monetize its station network?
The firm earns revenue through three primary channels: per-gallon fuel sales to fleet operators, station construction and maintenance contracts, and the sale of environmental credits generated by its renewable natural gas. RNG earns credits under California's Low Carbon Fuel Standard and the federal Renewable Fuel Standard, which the company markets directly or passes through to customers.
What is the relationship between Clean Energy Fuels and BP/TotalEnergies?
Clean Energy formed a joint venture with BP in 2017 and later brought in TotalEnergies to develop upstream renewable natural gas production facilities on dairy farms. The partnership captures methane that would otherwise enter the atmosphere, processes it into pipeline-quality RNG, and delivers it to Clean Energy's downstream station network for sale to fleet customers.
Which sectors does Clean Energy Fuels explicitly target?
The company focuses on heavy-duty, high-fuel-consumption vehicle segments that are difficult to electrify with current battery technology. These include transit buses, refuse trucks, and long-haul Class 8 trucks. It generally avoids the passenger vehicle market, where electric charging competition is more direct.
Who runs investment decisions at Clean Energy Fuels?
Andrew Littlefair, as CEO and a co-founder, has led the firm's strategic capital allocation since 1996. Chad Lindholm, promoted to COO in February 2026, oversees daily operations. Investment decisions flow through the executive leadership team and are subject to board oversight given the company's Nasdaq-listed status.
Is Clean Energy Fuels structured as a single family office or does it operate more like a venture firm?
Clean Energy Fuels is neither — it is a publicly traded operating company (Nasdaq: CLNE) that owns and operates physical fueling infrastructure. While it makes strategic upstream investments, it is fundamentally an infrastructure operator generating revenue from fuel sales and station services rather than a family office or venture firm.
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