Clean Energy (CLNE)

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You're going to miss this opportunity again. STRIKE TWO

Clean Energy Fuels (NASDAQ:CLNE) entered into a four-year $150M sustainability-linked senior secured term loan with Riverstone Credit Partners, managed by Riverstone Holdings (OTC:REVSF).
The financing provides Clean Energy with additional capital to execute its renewable natural gas growth strategy as demand for RNG fuel rapidly rises.
Proceeds from the term loan will be used, in part, to help fund the company's rapid expansion of RNG projects at dairies, which reduces carbon emissions by an average of 300% versus diesel.
Clean Energy obtained a second party opinion from Sustainable Fitch that considered the transaction to be aligned with the five pillars of the Loan Syndications and Trading Association's Sustainability-Linked Loan Principles.