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

Loading...
Loading...
CHILLIWACK, British Columbia--(BUSINESS WIRE)-- IMW Industries, Ltd., a wholly-owned subsidiary of Clean Energy Fuels Corp.
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
Market News and Data brought to you by Benzinga APIs
Posted In: NewsGuidanceContractsManagementGlobal
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...