Davis Polk advised Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC as representatives of the initial purchasers in connection with an unregistered Rule 144A offering by Clean Energy Fuels Corp. of $220 million aggregate principal amount of its 5.25% convertible senior notes due 2018.

Headquartered in Seal Beach, California, Clean Energy is the largest provider of natural gas fuel for transportation in North America, fueling over 30,000 vehicles each day at approximately 360 fueling stations throughout the United States and Canada. With a broad customer base in a variety of markets including trucking, airport shuttles, taxis, refuse and public transit, Clean Energy builds and operates natural gas fueling stations, manufactures related equipment and technologies, and develops renewable natural gas production facilities. The company’s common stock is listed on the NASDAQ Global Select Market under the symbol “CLNE.”

The Davis Polk capital markets team included partner Deanna L. Kirkpatrick, associates Aaron Justin Epstein, Jeffrey Brenner and Julian Russo. The Davis Polk equity derivatives team included partner Ray Ibrahim and associate Noah L. Wynkoop. The tax team included partner Lucy W. Farr and law clerk Isaac MacDonald. Counsel Betty Moy Huber and associate Michael Comstock provided environmental advice.  Members of the Davis Polk team are based in the New York and Menlo Park offices.

www.davispolk.com