$GE and $CLNE Announce a LNG Collaboration

“General Electric Co. (NYSE: GE) and Clean Energy Fuels Corp. (NASDAQ: CLNE) have announced a collaboration to expand the infrastructure for natural gas transportation. As it turns out, the agreement was signed on November 7 as part of a credit agreement for Clean Energy to borrow up to $200 million to finance the development, construction and operation of two liquefied natural gas production facilities with an expected production capacity of approximately 250,000 LNG gallons per day at each facility.”

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