Clean Energy and Total to form a $400m joint venture.

Clean Energy, a provider of natural gas as an alternative fuel for vehicle fleets, and Total, a French multinational integrated oil and gas company, are set to form a $400m joint venture. A 50/50 joint venture to develop carbon-negative renewable natural gas production facilities in the United States, as well as credit support to build additional downstream RNG fueling infrastructure. “The finalization of this JV with Total, which was originally announced in December of last year, demonstrates the commitment both companies have to the growth of RNG, a fuel that can tackle serious climate issues today. The demand by customers for RNG continues to accelerate, highlighted by our recent announcement that the largest bus fleet in the U.S., LA Metro, had converted their entire fleet to RNG. This JV will help Clean Energy to continue to increase its supply of RNG in the years ahead," Andrew J. Littlefair, Clean Energy CEO and President.