Clean Energy Fuels Corp.
Clean Energy Fuels Corp. said its natural-gas deliveries rose 25% to 195 million gallons last year, although the company reported a fourth-quarter loss.
Clean Energy, which is developing what it calls “America’s Natural Gas Highway,” a nationwide network of liquefied natural gas stations for heavy-duty trucks, defines gallons delivered as LNG, compressed natural gas and renewable natural gas.
Clean Energy announced a joint project with YRC Freight this week, in which YRC will run four LNG-fueled trucks out of the busy Port of Long Beach, Calif.
The company reported a fourth-quarter loss of $41.7 million, or 23 cents a share, compared with a loss of $21 million, or 21 cents, a year ago. Revenue for the quarter rose 15% to $99.1 million.