Clean Energy Fuels Corp. has completed the sale of $30.7 million in federal tax credits generated by seven of its renewable natural gas production facilities, marking its fourth successful transaction monetizing credits from its RNG projects. The largest credit in the transaction is a $26 million investment tax credit tied to South Fork Dairy, the company's RNG facility in Dimmit, Texas, which began producing RNG in 2025. The transaction also included all the 2025 Section 45Z clean fuel production credits from Clean Energy's portfolio of dairy RNG projects, generated by seven facilities across Texas, South Dakota, Iowa and Minnesota, including projects held through its joint ventures with bp and TotalEnergies. In 2025, those projects collectively produced 2.7 million gallons of negative carbon-intensity RNG to fuel transportation fleets. Will Flanagan, Vice President of Strategic Development at Clean Energy, called it the company's largest ITC sale to date and a strong result for its RNG business.
Clean Energy Fuels CorpClean Energy Fuels completed a $30.7M sale of RNG tax credits, its largest ITC sale to date, monetizing credits from seven facilities.
BP PLC
TotalEnergies SE