Clean Energy Fuels Corp. and its largest shareholder, Total SE, on Thursday formalized a 50-50 joint venture (JV) to develop U.S. renewable natural gas (RNG) production facilities and downstream fueling infrastructure. 

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The initial commitment is $100 million, which may increase to $400 million as development opportunities progress. 

“The finalization of this JV with Total, which was originally announced in December…demonstrates the commitment both companies have to the growth of RNG, a fuel that can tackle serious climate issues today,” said Clean Energy CEO Andrew J. Littlefair. 

“The demand by customers for RNG continues to accelerate, highlighted by our recent announcement that the largest bus fleet in the U.S.,” the Los Angeles County Metropolitan Transportation...