Allan Gerlat, News Editor

January 6, 2015

1 Min Read
Clean Energy to Sell Texas Biomethane Unit Interest to Cambrian Energy

Clean Energy Fuels Corp. has sold its majority interest in a Dallas biomethane production facility.

The Newport Beach, Calif.-based natural gas fuel producer sold its share in the McCommas Bluff biomethane facility to Los Angeles-based minority interest holder Cambrian Energy Development LLC for about $40.6 million, with about $3 million in additional compensation pending results of performance tests at the operation to be completed early this year, according to a news release.

Clean Energy retains the right to market and sell biomethane produced at the facility under its Redeem renewable natural gas (RNG) vehicle fuel brand.

Cambrian Energy and Clean Energy have been partners since Clean Energy bought into the McCommas project in August 2008.

“With McCommas remaining a RNG supplier, we will be able to focus our RNG business on Clean Energy Renewables’ core strength – marketing and selling alternative fuels,” said Harrison Clay, president of Clean Energy Renewables, a division of Clean Energy.

Clean Energy began operation of its new biomethane facility in North Shelby, Tenn., this year and added 12 third-party-owned biomethane production sources to its portfolio of RNG supply.

 

About the Author(s)

Allan Gerlat

News Editor, Waste360

Allan Gerlat joined the Waste360 staff in September 2011 as news editor. He was the editor of Waste & Recycling News for the first 16 years of its history, and under his guidance the publication won 27 national and regional awards.

Before Waste & Recycling News, Allan worked at another Crain Communications publication, Rubber & Plastics News, which covers rubber product manufacturing. He began with the publication as associate editor and eventually became managing editor, a position he held for nine years.

Allan is a graduate of Ohio University, where he earned a BS in journalism. He is based in Sagamore Hills, in northeast Ohio.

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