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Clean Energy Fuels arranges $75 million at-the-market equity offering
Agent Citigroup Global Markets helps fund general corporate purposes
By Devika Patel
Knoxville, Tenn., Nov. 12 – Clean Energy Fuels Corp. negotiated a $75 million at-the-market offering with Citigroup Global Markets Inc. on Nov. 11, according to a prospectus supplement and 8-K filed Thursday with the Securities and Exchange Commission.
Citigroup will be paid a 2% commission.
Proceeds will be used for general corporate purposes.
Based in Newport Beach, Calif., Clean Energy is a provider of natural gas as an alternative fuel for vehicle fleets in the United States and Canada.
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