By Chris Wack

 

Clean Energy Fuels Corp. said it has signed an agreement with Amazon.com Inc. to provide low and negative carbon renewable natural gas.

The company said the fuel will be provided at 27 existing Clean Energy fueling stations and another 19 non-exclusive new or upgraded Clean Energy-owned stations that Clean Energy expects to be built by the end of the year.

The new and existing stations will provide renewable natural gas in 15 different states.

The company has also issued a warrant to Amazon.

Clean Energy shares were up 26% to $14 in premarket trading.

 

Write to Chris Wack at chris.wack@wsj.com

 

(END) Dow Jones Newswires

April 19, 2021 09:26 ET (13:26 GMT)

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