Mercuria Clean Energy Investments B.V. (“MCEI”) (www.mercuria.com) (together “Mercuria” or the “Group”), along with Pretoria Energy Group (“Pretoria”), confirm the purchase of the 100% shareholding of Nottingham-based Roadgas Limited (“Roadgas”) (www.roadgas.co.uk). Roadgas owns and operates several bio-CNG and bio-LNG stations in the UK and the acquisition will offer a new gas-fueling partner to fleet managers working to decarbonise operations. The business will continue to be known as Roadgas Limited.
Roadgas offers customers a fully integrated package to decarbonise their fleets, constructing 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, reducing the heavy goods vehicle sector emissions at a critical moment in the energy transition.
Roadgas 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 today. Roadgas’ build and operational capability will be bolstered by the financial and trading power of Mercuria and the certainty of supply of UK-produced waste-based biomethane from Pretoria.
The acquisition of Roadgas follows Mercuria’s successful investment and ongoing gas supply agreements with Beyond6 in North America. Beyond6 built and operated 55 Class 8 CNG fuelling stations when Mercuria completed its’ sale to Chevron in 2022. Mercuria’s intended investment program will support the expansion of a fuelling station network throughout the UK, in the present highly concentrated UK market.
“Pretoria is committed to producing a significant and rapid increase in wastebased biogas volumes by 2028 compared to 2021 as part of our growth strategy,” said Steve Ripley, MD. “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’ 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 MD David Rix agrees: “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.”
About Roadgas
Roadgas supplies compressed & liquified gas refuelling infrastructure and equipment for dispensing alternative fuels in the industrial and transport sectors. The company’s focus for growth concentrates on using green gases – biomethane, biogas and ultimately hydrogen to drive net zero emissions and decarbonisation plans for UK fleets in light of the UK Government’s Net Zero 2050 targets. Roadgas is a privately owned company with a progressive leadership team. The company has a strong strategic vision for growth in the
next 5-7 years and is excited to be at the forefront of the UK’s green recovery.
www.roadgas.co.uk
About Mercuria
Established in 2004, Mercuria is one of the world’s largest independent energy and commodity groups, bringing efficiency to the commodity value chain with technology, expertise, and low-carbon solutions. The Company established itself as a leader in the energy transition by pledging more than 50 percent of new investments toward renewables and transitional energy. The Group has made significant investments in projects such as renewable power, energy storage, grid optimization, critical transition minerals recycling and environmental products.
About Pretoria
Established in 2012, Pretoria Energy is a vertically and integrated biogas production business. From feedstock production and procurement, through to highly advanced anaerobic digestion plants with carbon capture, it has the ability to produce net negative road fuels to support the continuing development of Roadgas.
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