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1、ANNUALREPORT2015Clean Energy Fuels Corp.2015 Summary Annual Reportand Form 10-kLetter from the CEOAt Clean Energy we frmly believe that natural gas as a transportation fuel is leading us to a cleaner environment while increasing Americas energy independence.In 2015 we continued to see feets across t
2、he transit,refuse and trucking sectors also share this vision,be it through an initial decision to begin converting their feets to natural gas,or as we have seen so often,the continued expansion of natural gas feets by our nations transportation leaders.Despite the uncertainty of energy markets,our
3、focus in 2015 on growing our business while positioning ourselves fnancially led us to some signifcant milestones of which I am proud.We continued to grow our volumes every quarter,delivering 308.5 million gallons,a 16%increase over 2014.Our sales of Redeem,our renewable natural gas offering,more th
4、an doubled in 2015 to 50 million gasoline gallon equivalents(GGEs)from 20 million GGEs in 2014.Additionally,Redeem sales have expanded from California to major feets in both Texas and Oregon.In the third and fourth quarters of 2015,we crossed over to positive adjusted EBITDA and I believe that trend
5、 will continue into 2016 as we work our way towards proftability.Our majority-owned subsidiary NG Advantage LLC,delivered over 22 million GGEs in 2015,a 111%increase over 2014.We understand we are in challenging economic times.We believe we have taken the right steps with our fnancial obligations an
6、d expect that we will be able to continue our growth in order to meet those challenges in 2016 and beyond.2015 MARKED BY GROWTH OF NEW AND EXISTING CUSTOMERS As the largest supplier of natural gas fueling services to the transportation industry,we rely on those whove made the decision to transition