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Clean Energy gains on deal to build hydrogen fueling station for Foothill Transit

RefinitivLess than 1 min read

** Shares of renewable energy firm Clean Energy CLNE rise 4% to $2.8 in premarket trading

** Co signs deal to design, build, and maintain a second hydrogen fueling station for public transit provider Foothill Transit

** Deal continues a more than 20-year partnership aimed at supporting the agency’s expanding fleet of low-emission buses

** The new station will be located at Foothill Transit’s Arcadia bus yard, which also serves as a fueling depot for its renewable natural gas bus fleet

** Co says the $11.3 million project will be funded partially using federal and state grant assistance

** Up to last close, stock up 7.1% YTD

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