Philip Fjeld
CEO
ReFuels
ReFuels is a fully integrated energy supplier focused on decarbonizing Europe’s commercial transport fleet using renewable biomethane. The company provides 100% renewable Bio-CNG sourced from sustainable waste feedstocks, helping fleets lower net zero emissions while offering cost savings over diesel. They operate and expand a network of public access CNG refuelling stations and offer mobile refuelling solutions across the UK.
Updated 6 months ago
Funding
Raised to date
$54.3KRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Funding rounds are not available yet.
Founders
Product
Problem
Commercial transport fleets face significant pressure to reduce their carbon footprint and meet net-zero targets. Traditional diesel fuels contribute substantially to greenhouse gas emissions, and alternative fuels often present challenges in terms of cost-effectiveness and infrastructure availability.
Solution
ReFuels provides a comprehensive solution for decarbonizing commercial transport fleets through the supply of renewable biomethane (Bio-CNG). Sourced from sustainable waste feedstocks, Bio-CNG offers a lower-carbon alternative to diesel, delivering substantial cost savings and supporting fleet operators in achieving their environmental objectives. The company operates an expanding network of public access refuelling stations across the UK, ensuring convenient access for fleets. ReFuels also provides verified carbon offsets and supports fleet transition with fixed-price fuel agreements, offering both environmental and economic benefits.
Target Audience
The primary target audience includes commercial transport fleet operators, logistics companies, and businesses with substantial HGV fleets seeking to reduce their carbon emissions and operational costs.
Features
- Renewable biomethane (Bio-CNG) sourced from 100% renewable and sustainable waste feedstocks.
- Significant cost savings, averaging 30-40% compared to diesel equivalents.
- Reduced noise pollution by approximately 50% compared to diesel vehicles.
- Independent verification and approval by the UK's Department for Transport's Renewable Transport Fuel Obligation (RTFO) and ISCC certification.
- An expanding network of 16 high-capacity public access Bio-CNG refuelling stations across the UK, with a commitment to doubling capacity by 2028.
- Mobile Refuelling Stations (MRS) offering flexible, trailer-based solutions for on-site fuel dispensing.
- Fixed-price Bio-CNG agreements providing fuel cost certainty for fleet operators.
- Support for fleet transition, including access to new CNG-powered truck models.