Market Overview

Clean Energy's IMW Subsidiary to Supply up to 416 CNG Compressors to China Gas for the Construction of 310 CNG Stations in China

CHILLIWACK, British Columbia--(BUSINESS WIRE)--

IMW
Industries, Ltd., a wholly-owned subsidiary of Clean
Energy Fuels Corp. (Nasdaq: CLNE),
today announced a master purchase contract with China
Gas Holdings Ltd. (SEHK:384)
to supply up to 416 natural
gas compressors and related technologies for the construction of up
to 310 public access compressed natural gas (CNG) stations in China. The
three-year agreement has a potential value of approximately U.S. $167
million.

China Gas CEO Mr. Lui Ming Hui shakes hands with Export Development Canada (EDC) Senior Vice President of Financing, Benoit Daignault at a signing ceremony at EDC headquarters today in Ottawa, Ontario.
Also photographed (from left) IMW Shanghai CEO Kirk Livingston and Clean Energy COO Mitchell W. Pratt. (Photo: Business Wire)

See full press release

Posted-In: News Guidance Contracts Management Global

 

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