Thursday, December 29, 2011

Clean Energy Fuels Gets $150M in PIPE

Seal Beach-based Clean Energy Fuels, an operator of natural gas fueling stations, said this morning that it has received more than $150M from investors. The firm said the funds came from Boone Pickens, as well as RJ Capital, Seatown Holdings, Chesapeake Energy Corporation, and Chief Capital, an investment vehicle owned by energy investor Trevor Rees-Jones. The firm said the new funding brings the total invested or committed to the firm during the year to $450M.

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