Strong Revenue Performance
Clean Energy Fuels posted $102 million in revenue for the second quarter, with over 61 million gallons of renewable natural gas sold and $17.5 million in adjusted EBITDA.
Robust Financial Position
The company reported $241 million in cash and other investments, up from $217 million at the start of the year.
Positive RNG Market Developments
The company signed numerous transit deals and has over 9,000 buses fueled daily across 115 locations. Additionally, the RNG production business is expanding with 6 operational dairy projects and more under development.
Increased Full-Year Guidance
Clean Energy Fuels raised its full-year guidance for both GAAP earnings and non-GAAP adjusted EBITDA, reflecting positive trends.
Continued RNG Production Growth
RNG volumes grew by 21% compared to the first quarter, bouncing back from production challenges in early 2025.