Roadgas acquisition set to fuel growth
Nottingham-based Roadgas, which owns several bio-BNG and bio-LNG stations across the UK, has been sold to Mercuria Clean Energy Investments-backed Pretoria Energy Group.
The business will continue to be known as Roadgas.
Roadgas offers bespoke, on-site fuelling solutions with UK-produced biomethane. The group plans to fuel more than 2,500 gas-fuelled trucks annually within five years. The firm has built 30 LNG, CNG, and LCNG fuelling stations in the UK and operates a number of truck and bus gas fuelling stations around the country.
“Pretoria is committed to producing a significant and rapid increase in waste-based biogas volumes by 2028 compared to 2021 as part of our growth strategy,” said Steve Ripley, managing director.
“This acquisition will advance our ability to deliver biomethane from our AD plants in the UK directly to haulage fleets in the UK, allowing fleet operators to follow their fuel supply from the field to their vehicle’s tank.”
“Mercuria is delighted to have acquired Roadgas together with Pretoria,” said James Cooper, Mercuria’s head of European origination, environmental products.
“Decarbonisation of industry and transport is core to Mercuria’s commitment to global energy transition. The UK lacks scale in waste-based biomethane production and lags behind other European markets in the substitution of diesel for gas. Combining biomethane supply from Pretoria with Roadgas’s experience and reputation for design, engineering and operation of LNG and CNG refuelling stations will provide a much more transparent solution for UK truck and bus operators looking to follow their fuels’ journey from feedstock to pump.”
Roadgas managing director David Rix said: “Working with Mercuria and Pretoria will allow us to fulfill the expansion plans we’ve had for the company since 2018.
“Through knowledge transfer and sharing of best practices, the newly expanded business will provide an end-to-end solution for fleet owners and managers.
“We look forward to a very successful partnership and to delivering more green gas refuelling infrastructure projects on behalf of our clients.”
