By Chris Wack

 

Clean Energy Fuels Corp. on Wednesday said it would construct a methane capture digester at Millenkamp Dairy in Jerome, Idaho, one of the largest dairy farms in the U.S.

The company said the project is expected to provide 5 million gallons of low carbon-intensity renewable natural gas annually, which would flow into Clean Energy's fueling network.

The Millenkamp project will be developed through Clean Energy's joint venture with BP Plc.

"With carbon reduction up to 500%, RNG is the epitome of renewable energy," Clean Energy Chief Executive Andrew Littlefair said. "It presents enormous potential in sustainable transportation, so we're focused on a pathway to grow both the production and distribution of this negative carbon intensity fuel."

Clean Energy shares rose 7% to $5.88 in premarket trading.

 

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

 

(END) Dow Jones Newswires

January 26, 2022 06:45 ET (11:45 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.
BP (NYSE:BP)
Historical Stock Chart
From Apr 2022 to May 2022 Click Here for more BP Charts.
BP (NYSE:BP)
Historical Stock Chart
From May 2021 to May 2022 Click Here for more BP Charts.