Clean Energy Fuels starts renewable natural gas production at Iowa farm (NASDAQ:CLNE)

Clean Energy Fuels (NASDAQ:CLNE) +5.1% in Wednesday’s trading after saying it completed its latest renewable natural gas facility in Marshall County, Iowa, which is expected to produce 1.7M gal/year of low carbon-intensity RNG.

The company said the three-digester facility is now producing pipeline-quality RNG and injecting it into the national grid.

Methane from the ~240K gal/day of manure produced by the 8,000-cow herd will be converted into biogas and ready-to-use clean fuel for heavy-duty fleets across the U.S., the company said, which added it is in the process of filing applications to generate federal and state environmental credits.

“Adding an RNG facility to our farm will enable us to manage our manure much better while generating an additional revenue stream for our bottom line,” the head of Marshall Ridge Dairy said.