Clean Energy Fuels Corp. announced that Clay Corbus will become the company’s President and Chief Executive Officer, effective April 22, 2026. Corbus joins the board and succeeds co‑founder Andrew Littlefair, who will transition to a non‑employee government‑relations consultant role. The appointment marks a leadership change at the highest level of the company, signaling a new chapter in its strategy to expand renewable natural gas (RNG) production and distribution.
Corbus has been with Clean Energy since 2007 and has led the company’s RNG production and distribution businesses for nearly two decades. His appointment reflects the board’s confidence that his deep operational experience and strategic focus on RNG will accelerate growth in a market that is gaining traction with the launch of Cummins’ X15N engine and increasing OEM availability. Littlefair’s continued role as a government‑relations consultant preserves policy expertise and ensures continuity in navigating the regulatory landscape that underpins the company’s expansion.
Clean Energy operates more than 600 fueling stations across the United States and Canada and is the largest provider of RNG for the transportation market in North America. The company’s RNG supply chain captures methane from dairy farms, landfills, and other organic waste sources, converting it into a renewable fuel that can replace diesel in heavy‑duty vehicles. The industry has seen a tipping point with the Cummins X15N engine, which has broadened the customer base for RNG in long‑haul trucking and is expected to drive demand growth in the coming years.
Financially, Clean Energy reported fourth‑quarter 2025 revenue of $112.3 million, exceeding analyst estimates, and a full‑year 2025 revenue of $424.8 million. The company posted a GAAP net loss of $222.0 million and an adjusted EBITDA of $67.6 million for 2025, compared with a $415.9 million revenue and $83.1 million net loss in 2024. Earnings per share remained negative, with a $0.32 loss per share projected for the next year. The company’s market capitalization was approximately $543.1 million as of April 23, 2026.
"I'm incredibly proud of what we've built, and I'm confident we have the right leader in Clay to take the company to the next level," said Andrew Littlefair. "I am proud of the foundation we have built and confident that Clay will continue to grow the business." Chairman Stephen Scully added, "The Board is pleased to appoint an executive of Clay’s caliber to lead Clean Energy as President and CEO. His diverse experience both within and outside of Clean Energy, especially his ability to craft strategies for the future, will allow him to bring a fresh approach to the company, with a focus on growth and delivering long‑term value." Corbus expressed gratitude for the support of his predecessor and excitement about leveraging the company’s leadership bench to drive future growth.
The leadership transition underscores Clean Energy’s commitment to both operational excellence and policy advocacy. By retaining Littlefair in a consulting capacity, the company preserves its strong relationships with regulators and policymakers, while Corbus’s experience in RNG operations positions the firm to capitalize on the growing demand for renewable fuels in the transportation sector. The move signals confidence in the company’s long‑term strategy and a readiness to scale its RNG supply chain in response to industry catalysts such as the Cummins X15N engine and increasing OEM adoption.
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