ReFuels adds new station to the growing Bio-CNG network, unlocking low-carbon transport across key UK freight corridors and strengthening energy resilience.

27 May 2026 06:30 CEST

27 May 2026 -- ReFuels N.V., one of Europe's leading suppliers of renewable
biomethane (Bio-CNG) for decarbonisation of heavy goods vehicles (HGVs), will
on 01 June commence construction of a new public access refuelling station in
Swindon, South-West England. The strategically located station will provide a
homegrown clean fuel to truck operators as an alternative to imported diesel,
across the high-demand corridor between London, South Wales and the Midlands.

The new station will be owned and operated by CNG Fuels (40 % owned by
ReFuels) and is expected to be completed within Q1 2027. With direct access to
the M4 motorway, it is close to major distribution hubs and freight traffic
flows. The Swindon site, together with CNG Fuels' Magor station under
construction in South Wales, provides critical clean fuel infrastructure for
low-carbon logistics across one of the UK's busiest transport routes.

"Europe and the UK are increasingly addressing energy resilience by shifting
away from volatile global fossil fuel markets. ReFuels has a clear strategy of
expanding the CNG Fuels station network to enable logistics operators to
reduce emissions and cut fuel costs while reducing dependency on diesel.
Swindon and Magor are the next elements of that strategy, giving fleet
operators access to a stable, domestic energy source. It will create a clean
fuel corridor that supports the rapid decarbonisation of road freight along
the M4 and into the Midlands. We see growing demand for biomethane as fleets
adopt the new generation of larger 6x2 gas trucks, which unlock a
significantly larger addressable market," said Philip Fjeld, CEO and
co-founder of ReFuels.

The Swindon station will be capable of refuelling 12 HGVs simultaneously when
fully utilised, enabling over 800 trucks to refuel daily and providing annual
capacity for more than 30 million kilograms (kg) of 100% renewable Bio-CNG.

ReFuels plans to nearly double the UK-wide dispensing capacity through the 40%
owned CNG Fuels station network by the end of 2028 to meet the rising demand.
Bio-CNG sourced from food waste and manure delivers greenhouse gas emissions
savings of 85-90% versus diesel and fuel costs that are ~25% lower than diesel
and ~40% lower than HVO.

"Biomethane is a homegrown energy source that delivers carbon reductions at
scale while offering lower and more predictable fuel costs. Since 2020,
customers across our network have saved over GBP 55 million by switching to
biomethane," explained Philip Fjeld.

Today, more than 2,250 trucks refuel daily at CNG Fuels' 16 UK stations, with
current network capacity exceeding 11,500 trucks per day. The 2028 goal is to
reach 20,000 HGVs per day, dispensing over 780 million kg of biomethane
annually, equivalent to more than 2.3 million tonnes of CO2 savings each year.

To receive ReFuels' stock exchange and press releases via email, subscribe
at www.refuels.com/investors

For further information, please contact:
Philip Fjeld, CEO ReFuels N.V.
Tel: +44 7976 159 833
Email: 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 serve 20,000 HGVs
per day. 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 (https://www.refuels.com/)

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