August 15, 2012
Backing the Texas-based company is a group led by Central Japan Railway Company, which handles more than 100 million passengers each year on its bullet trains in Japan.
August 26, 2011
The $150-million investment is in the form of 7.50 percent convertible notes due in 2016. The notes will be convertible into shares of Clean Energy common stock at $15 per share. The closing of the investment is scheduled to occur on or before Aug. 30, 2011 and is subject to customary conditions.
May 20, 2011
Pursuit of private financing is one of several actions taken by the agency to expedite its next-generation high-speed rail vision plan since it was announced in September 2010. The business plan will identify and develop public and private funding sources and address fundamental issues of risk, credit, debt and investment phasing among other criteria.
December 15, 2010
The patented and proprietary designs for hybrid and all-electric buses significantly reduce emissions and provide lower total life-cycle operational costs, according to the company.
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