June 26, 2009 (FinancialWire) — Clean Energy Fuels Corp. (NASDAQ: CLNE) has priced a public offering of 8.2 million shares of common stock at $8.30 per share. Merrill Lynch & Co. (NYSE: MER) is acting as sole book-running manager.

The company has granted the underwriters a 30-day option from the date of the final prospectus supplement to purchase up to 1.23 million additional shares of its common stock to cover overallotments. The offering is scheduled to close on July 1.

Clean Energy plans to use the net proceeds from the offering for working capital and other general corporate purposes, which may include capital expenditures related to station construction activities, investment in its LNG plants and biomethane production plant or future acquisitions of natural gas fueling infrastructure, vehicle or services businesses and biomethane production assets.

Seal Beach, California-based Clean Energy is a provider of natural gas for transportation in North America. The company has a customer base in the refuse, transit, ports, shuttle, taxi, trucking, airport and municipal fleet markets, fueling more than 17,200 vehicles at 184 strategic locations across the U.S. and Canada.

Clean Energy owns and operates two LNG production plants, one in Willis, Texas and one in Boron, California, with combined capacity of 260,000 LNG gallons per day and designed to expand to 340,000 LNG gallons per day as demand increases.

The company also owns and operates a landfill gas processing facility in Dallas that produces renewable biomethane gas for delivery in the nation’s gas pipeline network.

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