ReFuels is the UK’s leading supplier of alternative fuels to commercial vehicles, supplying 100% renewable biomethane to heavy goods vehicles from our rapidly growing network of Bio-CNG stations.

ReFuels is a Dutch N.V. company which is listed on Euronext Growth Oslo with ticker code “REFL”. For all investor relations enquiries, please contact ReFuels’ MD Baden Gowrie-Smith:

Investment highlights

Fast-track option for net-zero trucks

Through 100% renewable biomethane (Bio-CNG), heavy truck operators can reduce emissions by more than 90% compared to diesel

Growing market leadership

Market leader today and target of 30-40 stations in operation in the UK towards end-2026, supported by strong blue-chip customer base

Attractive and scalable economics

CAPEX of GBP ~6-7m per station and expecting higher EBITDA contribution from future stations due to increased capacity and scale effects

Unlocking value from certificates 

Fully integrated across the value chain, including sourcing and trading of biomethane and additional revenue stream from market-based certificates

Green station infrastructure

Longer-term target of 100 stations in the UK and to expansion into other European markets; network of stations is adaptable to hydrogen and electricity



Investor relations

For all queries related to shares of ReFuels, our team is here to help.

Investor relations

For all queries related to investment, our team is here to help.

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