October 8, 2025
Biomethane Station Data September 2025
“We report steady double-digit growth in dispensed biomethane volumes driven by our expanding refuelling station network and continued adoption of Bio-CNG as the decarbonisation solution of choice by UK fleet operators. In September, Tesco and Co-op, two of the nation’s largest food retailers, announced the delivery of 42 and 30 new Bio-CNG trucks, respectively, thereby lowering fuel costs and unlocking a total of 8,000 tonnes of potential annual CO2 savings. Currently, seven of the UK’s top ten supermarkets are fuelling at our network. This validates Bio-CNG as the go-to solution for cutting HGV emissions today and supports our strategy of doubling the refuelling capacity by end-2028,” said Philip Fjeld, CEO of ReFuels. CNG Fuels had 168 unique customer fleets refuelling across the network in the three months ending 30 September 2025, compared to 163 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 Bio-CNG, which are sold to fuel suppliers with a blending obligation. In September, the average price per RTFC was 24.8 pence, compared with 20.5 pence in September 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. Two stations are moving into development, one near the M4 in South Wales, offering direct access to key freight routes for efficient east-west transport, and one in Swindon supporting efficient transport between London, South Wales and the Midlands. 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 fleet 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 the UK's largest clean fuel station network. By the end of 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 2025-10-08 07:00 CEST.
