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CLNE - Clean Energy's RNG Supply Cannot Meet Demand
October, 14 2021 11:28 AM
Clean Energy Fuels Corp.
In spite of raising equity at-the-market, Clean Energy's total market capitalization is declining. Clean Energy cannot fulfill Amazon's demand of RNG and contracting 3rd party RNG sources will not benefit Clean Energy financials. The warrants to Amazon are essentially a $78 million gift to make a deal. Amazon does not have skin in the RNG business, as understood before. For further details see:
Clean Energy's RNG Supply Cannot Meet Demand
Stock Information
Company Name:
Clean Energy Fuels Corp.
Stock Symbol:
CLNE
Market:
NASDAQ
Website:
cleanenergyfuels.com
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