Biomethane Station Data May 2025
Igår, 06:30
Igår, 06:30
6 June 2025 - ReFuels N.V., a leading European supplier of renewable biomethane (Bio-CNG) for the decarbonisation of heavy goods vehicles (HGVs), today published Bio-CNG station data for May 2025.
“We delivered record volumes in May despite seasonal impact from two UK bank holidays and temporarily fewer new truck deliveries. With more Bio-CNG trucks expected on the road over the summer, we anticipate continued volume growth. This is supported by the clear cost and environmental benefits of using biomethane as transportation fuel and CNG Fuels’ expanding network. In May, we opened a new refuelling station in Scotland, increasing our refuelling capacity in the UK to more than 10,500 heavy goods vehicles per day,” said Philip Fjeld, the CEO of ReFuels.
CNG Fuels had 176 unique customer fleets refuelling across the network in the three months ending 31 May 2025, compared to 173 for the comparable period in 2024.
In addition to Bio-CNG dispensing, CNG Fuels generates revenue from sales of Renewable Fuel Transport Certificates (RTFCs). CNG Fuels is awarded 3.8 RTFCs per kilo dispensed of Bio-CNG, which are sold to fuel suppliers with a blending obligation. In May, the average price per RTFC was 25.9 pence, compared with 18.65 pence in May 2024.
CNG Fuels supplies biomethane through a growing network of refuelling stations, currently operating 16 public access Bio-CNG stations on major trucking routes in the UK. One station is moving into development near the M4 in South Wales, offering direct access to key freight routes for efficient east-west transport.
ReFuels provides monthly operational updates, which are normally released within ten working days after the end of the month.
To receive ReFuels' stock exchange and press releases via email, subscribe at refuels.com/investors.
For further information, please contact:
Philip Fjeld, CEO ReFuels N.V.
Tel: +44 7976 159 833
E-mail: Philip.Fjeld@refuels.com
About ReFuels
ReFuels is decarbonising Europe's truck through its 40% ownership of CNG Fuels – a fully integrated clean fuel infrastructure platform combining sourcing of renewable biomethane (Bio-CNG), Renewable Transport Fuel Certificates (RTFCs) and ownership and operation of UK's largest clean fuel station network. By end-2028, the target is to have a capacity to serve 20,000 heavy goods vehicles per day 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.com
This information has been submitted pursuant to the Securities Trading Act § 5-12 and MAR Article 17. The information was submitted for publication at 2025-06-06 06:30 CEST.
Attachments
Biomethane Station Data May 2025
Operational Update May 2025
Igår, 06:30
6 June 2025 - ReFuels N.V., a leading European supplier of renewable biomethane (Bio-CNG) for the decarbonisation of heavy goods vehicles (HGVs), today published Bio-CNG station data for May 2025.
“We delivered record volumes in May despite seasonal impact from two UK bank holidays and temporarily fewer new truck deliveries. With more Bio-CNG trucks expected on the road over the summer, we anticipate continued volume growth. This is supported by the clear cost and environmental benefits of using biomethane as transportation fuel and CNG Fuels’ expanding network. In May, we opened a new refuelling station in Scotland, increasing our refuelling capacity in the UK to more than 10,500 heavy goods vehicles per day,” said Philip Fjeld, the CEO of ReFuels.
CNG Fuels had 176 unique customer fleets refuelling across the network in the three months ending 31 May 2025, compared to 173 for the comparable period in 2024.
In addition to Bio-CNG dispensing, CNG Fuels generates revenue from sales of Renewable Fuel Transport Certificates (RTFCs). CNG Fuels is awarded 3.8 RTFCs per kilo dispensed of Bio-CNG, which are sold to fuel suppliers with a blending obligation. In May, the average price per RTFC was 25.9 pence, compared with 18.65 pence in May 2024.
CNG Fuels supplies biomethane through a growing network of refuelling stations, currently operating 16 public access Bio-CNG stations on major trucking routes in the UK. One station is moving into development near the M4 in South Wales, offering direct access to key freight routes for efficient east-west transport.
ReFuels provides monthly operational updates, which are normally released within ten working days after the end of the month.
To receive ReFuels' stock exchange and press releases via email, subscribe at refuels.com/investors.
For further information, please contact:
Philip Fjeld, CEO ReFuels N.V.
Tel: +44 7976 159 833
E-mail: Philip.Fjeld@refuels.com
About ReFuels
ReFuels is decarbonising Europe's truck through its 40% ownership of CNG Fuels – a fully integrated clean fuel infrastructure platform combining sourcing of renewable biomethane (Bio-CNG), Renewable Transport Fuel Certificates (RTFCs) and ownership and operation of UK's largest clean fuel station network. By end-2028, the target is to have a capacity to serve 20,000 heavy goods vehicles per day 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.com
This information has been submitted pursuant to the Securities Trading Act § 5-12 and MAR Article 17. The information was submitted for publication at 2025-06-06 06:30 CEST.
Attachments
Biomethane Station Data May 2025
Operational Update May 2025
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