ReFuels commences construction of Bio-CNG refuelling station in key logistics area

The public access Bio-CNG station operated by ReFuels under the CNG Fuels brand puts 90% of the UK’s population and four of the country’s largest ports within a 4-5-hour reach of the station. With 76% of all intermodal journeys involving heavy goods vehicles (HGVs) beginning or ending at a shipping dock, the new station will play a fundamental role in enabling major fleets to cut CO2 emissions. The UK’s largest port by tonnage, Immingham Docks, sits within an hour’s range of the new station, enabling fleets travelling to and from the port to run on 100% renewable biomethane for the first time. Additionally, the site will serve iPort, the UK’s most advanced multimodal logistics hub. Several of ReFuels’ customers already have warehousing and distribution bases in the area, including Amazon, DHL and Lidl. “Our latest site to enter construction in Doncaster is set to transform access to Bio-CNG for fleets travelling to and from the UK’s largest ports. As a key logistics hub in the UK, the Doncaster station will not only expand the reach of low-carbon deliveries for our existing customers, but many major brands and local hauliers looking to make substantial emission cuts of over 90% from fleets,” said Philip Fjeld, CEO and co-founder of ReFuels. The station at Doncaster is owned by a joint venture (JV) with Foresight Group. It will feature 10 fuel pump islands, allowing more than 500 trucks to be refuelled daily with a total capacity of more than 19 million kilograms (kg) of Bio-CNG annually. The current CNG Fuels network in the UK, consisting of 13 stations, can refuel more than 6,500 HGVs daily. This equals an annual dispensing capacity of almost 300,000 tonnes of biomethane annually and a potential saving of more than 800,000 tonnes of CO2 emissions annually compared to diesel. The year-end 2026 target of 30-40 stations in operation equals a total capacity of up to 15,000 HGVs per day and more than 600,000 tonnes of biomethane annually. In addition to Doncaster, the group has one more station under construction in Aylesford in Southeast England and expects one further station to commence construction during the financial reporting year ending 31 March 2024. To receive ReFuels’ stock exchange and press releases via email, subscribe at refuels.local/investors For further information, please contact: Philip Fjeld, CEO ReFuels N.V. Tel: +44 7976 159 833 E-mail: Philip.Fjeld@refuels.local About ReFuels ReFuels is decarbonizing Europe’s truck fleet by developing, owning, and operating green station infrastructure. We are rolling out a network of reliable and convenient stations offering renewable biomethane fuels to heavy goods vehicles, with hydrogen and electricity to be added. By the end-2026 the target is to have 30-40 stations across the UK, while the long-term ambition is to become Europe’s leading integrated supplier of alternative fuels for commercial fleets. For further information please visit www.refuels.local (http://www.refuels.local./).