- Clean Energy Fuels (CLNE +6.2%) enjoys strong gains after CEO Andrew Littlefair, speaking in an interview on CNBC, said CLNE will not need to raise capital.
- From an operational standpoint, CLNE is essentially breakeven, and a recent $250M convertible debt deal means that the company has ~$400M for its capital program, so he's "not worried" about the cash position.
- Littlefair also said CLNE's liquefied natural gas supply agreement with UPS will add to its earnings.
Clean Energy Fuels' CEO says no capital raise needed
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About CLNE Stock
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| Symbol | Last Price | % Chg |
|---|---|---|
| CLNE | - | - |
| Clean Energy Fuels Corp. | ||