Roadgas acquisition expected to strengthen biomethane offering
An acquisition of gas specialist to the fleet industry, Roadgas, has been acquired by Mercuria.
The acquisition is expected to strengthen UK-produced biomethane offerings, providing a new gas-fuelling partner to fleet managers working to decarbonise operations. The business will continue to be known as Roadgas.
Roadgas offers customers a fully integrated package to decarbonise their fleets, constructing bespoke, on-site fuelling solutions with UK-produced biomethane. It has built 30 LNG, CNG and LCNG fuelling stations in the UK and operates a number of bus and truck gas fuelling stations around the country.
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.
“Decarbonisation of industry and transport is core to Mercuria’s commitment to global Energy Transition” – James Cooper, Mercuria’s Head of European Origination, Environmental Products
James Cooper, Mercuria’s Head of European Origination, Environmental Products, said: “Mercuria is delighted to have acquired Roadgas together with Pretoria. 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.”
“Working with Mercuria and Pretoria will allow us to fulfil the expansion plans we’ve had for the company since 2018″ – Roadgas MD, David Rix
Roadgas MD, David Rix, agrees: “Working with Mercuria and Pretoria will allow us to fulfil 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.”