27 May 2025 07:00 CEST

Issuer

Refuels N.V.

27 May 2025 - ReFuels N.V., one of Europe's leading suppliers of renewable
biomethane (Bio-CNG) for the decarbonisation of heavy goods vehicles (HGV),
has opened a new refuelling station at Livingston in West Lothian, Scotland.
The public-access Bio-CNG station operated under the CNG Fuels brand will
enable low-emission transport across large parts of Scotland.

"The Livingston station is strategically located near several major
distribution centres, including Tesco, DHL, Aldi and Iceland, and its opening
supports fleet operators and their customers in reducing transport emissions
across Scotland. Bio-CNG is a proven, low-carbon and cost-effective
alternative to diesel, with infrastructure, vehicles and supply chains already
available at scale. With strong potential for production growth both
domestically and across Europe, biomethane can play a key role in
decarbonising long-haul transport. As we expand our network in line with our
long-term strategy, we continue to see growing demand for Bio-CNG trucks from
both new and existing customers," said Philip Fjeld, CEO of ReFuels.

The Livingston station can refuel 14 trucks simultaneously, when at full
utilisation, enabling more than 600 trucks to be refuelled per day with a
total capacity of 20 million kilograms (kg) of Bio-CNG annually. CNG Fuels
also operates Scotland's first public-access renewable biomethane HGV
refuelling station, off the M8 near Bellshill, which opened in December 2021.

CNG Fuels' current UK network of 15 stations can refuel more than 10,500 HGVs
daily. This equals an annual dispensing capacity of more than 340 million kg
of biomethane and potential savings of more than 1 million tonnes of CO2
emissions per year when compared to diesel. The plan is to double the
refuelling capacity to 20,000 HGVs per day and more than 780,000 million kg of
biomethane annually by end-2028.

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 trucks 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 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


647563_ReFuels opens Bio-CNG refuelling station between Edinburgh and Glasgow.pdf

Source

Refuels N.V.

Provider

Oslo Børs Newspoint

Company Name

REFUELS N.V.

ISIN

NL0015001BF4

Symbol

REFL

Market

Euronext Growth