NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Jul 23, 2025--
Clean Energy Fuels Corp. (Nasdaq: CLNE ) has announced that, CE bp Renew Co, LLC, its joint venture with BP Products North America Inc., has finalized the sale of $29.5 million in investment tax credits (ITC). This marks the third successful ITC transaction and completes the sale and monetization of all ITCs tied to its six operating renewable natural gas (RNG) projects.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250723130747/en/
The $29.5 million in credits were generated by four of Clean Energy’s dairy RNG production facilities: Ash Grove, Marshall Ridge, VF Renewables and Tri Cross, dairies which are located in key agricultural regions in Minnesota, Iowa and South Dakota. These projects collectively have the ability to produce up to an estimated 3.9 million gallons of negative carbon-intensity RNG annually to fuel transportation fleets.
“This transaction highlights the value of our renewable natural gas development portfolio,” said Clay Corbus, senior vice president and head of renewable fuels at Clean Energy. “As the third successful transaction to fully monetize our RNG projects, it’s a milestone which reflects market confidence and positions Clean Energy for further growth in the clean fuel sector.”
About Clean Energy
Clean Energy Fuels Corp. is the country’s largest provider of the cleanest fuel for the transportation market. Our mission is to decarbonize transportation through the development and delivery of renewable natural gas (RNG), a sustainable fuel derived by capturing methane from organic waste. Clean Energy allows thousands of vehicles, from airport shuttles to city buses to waste and heavy-duty trucks, to reduce their amount of climate-harming greenhouse gas. We operate a vast network of fueling stations across the U.S. and Canada as well as RNG production facilities at dairy farms. Visit www.cleanenergyfuels.com and follow @ce_renewables on X and LinkedIn.
Forward-Looking Statements
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that involve risks, uncertainties and assumptions, including without limitation statements about: the amounts and timing of renewable natural gas expected to be produced or consumed; the potential development of the market for RNG; the environmental and other benefits of Clean Energy’s fuels; the availability of environmental, tax and other government regulations, programs and incentives; and the impacts of legislative and regulatory developments. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements. The forward-looking statements made herein speak only as of the date of this press release and, unless otherwise required by law, Clean Energy undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. Additionally, the reports and other documents Clean Energy files with the SEC (available at www.sec.gov ) contain risk factors, which may cause actual results to differ materially from the forward-looking statements contained in this news release.
Clean Energy’s renewable natural gas facility at Tri-Cross dairy, Viborg, South Dakota.
BETHLEHEM, West Bank (AP) — Mohamad Al-Assi ran beneath the concrete wall as the sun rose over Bethlehem. His Nikes pounded the gravel, his breath fogging the air as graffiti and paint splatter blurred past with each stride.
The road along the barrier separating Israel from the occupied West Bank makes up a stretch of a marathon route that Al-Assi and thousands of others ran on Friday. The event is open to people in other parts of the world running in solidarity with the Palestinians and another, shorter race was happening in Gaza.
The race, known as the Palestine Marathon, was held for the first time in three years and was among the first big international events in the West Bank since the start of the Israel-Hamas war. Festivals, conferences and holiday festivities that once drew thousands have been scaled back or canceled because of the war in Gaza and heightened Israeli restrictions.
It marked a turning point for Al-Assi, 27, who was released from Israeli detention six months ago. Video from that day shows him gaunt-faced and hollow-eyed, his once muscular legs weakened after more than two and a half years of prison.
He began training in December, gradually upping his mileage every month since. He ran 62 miles (100 kilometers) that first month, and in April reached 135 miles (217 kilometers), according to his account on the tracking app Strava.
He jogs in the morning after his mother wakes him up in their home in Dheisheh, a Palestinian refugee camp made up of graffiti-covered cinderblock homes in tangled alleyways.
“The main difficulties we face are the cars on the roads and the presence of Israeli security forces along the route where I train,” Al-Assi said.
He had to suspend his training several times because of military operations in the camp.
“I would return home feeling hopeless because I couldn't do what I had intended to do,” Al-Assi said.
In the West Bank, runners cannot complete a 26.2-mile (42.2-kilometer) course without hitting a checkpoint or military gate, which is why Friday's marathon route looped around the same circuit twice.
They ran up through the narrow streets of two Palestinian refugee camps and down to a farming town next to Bethlehem where fields are divided by the concrete wall, barbed wire and cameras. The course hooked back to finish at Bethlehem’s Manger Square.
Organizers say the race highlights restrictions facing Palestinians in the occupied West Bank, where checkpoints can disrupt even routine commutes and where open land for hiking, biking and running is increasingly taken by Israeli settlements and outposts.
“Marathon runners anywhere may ‘hit a wall’ under the physical and emotional strain of completing the 42-kilometer race course," they said on the marathon's website.
But in the West Bank, they added, "runners literally hit the Wall.”
At a time when the West Bank’s economy is struggling and in the shadow of Gaza's fragile ceasefire and stalled rebuilding efforts, the atmosphere in Bethlehem was celebratory. Crowds gathered near the Church of the Nativity to cheer runners at the race's early morning start and finish. Bagpipes blared and drummers pounded out traditional rhythms through streets along the route.
On a beachside road in Nuseirat in central Gaza — which is roughly the length of a marathon — 15 disabled people, including amputees, ran a 2K, and a couple thousand of people ran a 5K. Thirteen years after the U.N. agency for Palestinian refugees, known as UNRWA, canceled a 2013 marathon because Hamas forbade women from participating, the women were back.
Haya Alnaji, a 22-year-old woman who ran in the 5K, said the number of people taking part reflected that Palestinians in Gaza were determined to live and persevere despite the devastation wrought by more than two years of war.
“All of Gaza loves sports,” she said.
Al-Assi was arrested in April 2023, and imprisoned under administrative detention, which allows Israel to hold detainees for months without charge. Between 3,000 and 4,000 Palestinians are being held under that system, according to Israeli rights groups and the Palestinian Prisoners Society.
In October 2023, Al-Assi was sentenced for transferring money to suspicious entities, a charge he denies. Israel closely monitors money transfers — particularly to Gaza — for fear that funds could end up in the hands of militants. Palestinians, however, say donations and charitable contributions are often swept up in the dragnet. Israel’s military, Shin Bet and Prison Service did not answer questions about Al-Assi's charges.
In Israeli prisons — where detainees routinely complain of inadequate diets — Al-Assi said nearly everyone goes hungry. The weight he lost eroded the endurance built through 10 years of training.
“I have more muscle mass than fat, so when I lost weight, the loss came from my muscles rather than fat,” he said. “This had a major impact on my physical fitness.”
He also had to regain the mental fortitude to run a marathon.
“I was emotionally shattered after spending such a long period in prison,” he said.
On Friday, he collapsed to his knees, bowing and thanking God after finishing second overall, as supporters and journalists encircled him. He dedicated his run to Palestinians still in Israeli detention.
“After 32 months in prison, Mohamad Al-Assi is first in his class!” he shouted through tears, raising his hands and looking up to the sky.
__ Imad Isseid contributed from Bethlehem, West Bank and Abdel Kareem Hana from Nuseirat, Gaza Strip.
A Palestinian amputee runner takes part in the 2-kilometer Palestine Marathon along the coastal road near Nuseirat in the central Gaza Strip, Friday, May 8, 2026. (AP Photo/Abdel Kareem Hana)
Palestinian runners take part in the 5-kilometer Palestine Marathon along the coastal road near Nuseirat in the central Gaza Strip, Friday, May 8, 2026. (AP Photo/Abdel Kareem Hana)
Runners participate in the Palestine Marathon in the West Bank city of Bethlehem, Friday, May 8, 2026. (AP Photo/Mahmoud Illean)
Runners pass by Israel's separation wall as they compete in the Palestine Marathon in the West Bank city of Bethlehem, Friday, May 8, 2026. (AP Photo/Mahmoud Illean)
Palestinian Mohamad Al-Assi, who was released from Israeli detention six months ago, runs past Israel's separation wall as he trains ahead of the Palestine Marathon in the West Bank city of Bethlehem, Thursday, May 7, 2026. (AP Photo/Sam Metz)
