Signs GBP 25 million debt facility to build three Bio-CNG refuelling stations and unlock new truck orders
United Kingdom, Oct. 27 -- ReFuels N.V., one of Europe's leading suppliers of renewable biomethane (Bio-CNG) for decarbonisation of heavy goods vehicles (HGVs), announces that CNG Fuels has entered into a GBP 25 million five-year debt facility with funds managed by the Foresight Group. Together with cash flow from operations, the facility will fund the construction of three new high-capacity Bio-CNG refuelling stations as part of the company's strategy to double UK-wide dispensing capacity by the end of 2028. The new stations include confirmed sites at Magor (South Wales) and Swindon (South-West England) and will increase the capacity of CNG Fuels' network to more than 12,500 HGVs per day. They are further expected to unlock significant fut...
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