UK: CNG Fuels secures £80 million to build nationwide HGVs fueling network

Foresight Group’s funding line will support at least 14 public access stations for HGVs over the next two years, quadrupling CNG Fuels’ supply capacity.

Foresight Group is providing an initial £80 million in funding to CNG Fuels in a partnership to build a UK-nationwide network of refuelling stations that will see it develop at least 14 public access stations for HGVs on major routes over the next two years, the companies announced.

The funding will quadruple CNG Fuels’ supply capacity and enable it to refuel 8,000 vehicles a day, making carbon neutral fuel for HGVs available from Glasgow to Bristol.

CNG Fuels opened its fifth refuelling station near Birmingham last week. The company is already able to supply 2,000 vehicles a day from its five public access refuelling stations, and a sixth station at Knowsley, near Liverpool, is due to open in January. Stations due to open next year include major trucking hotspots such as Eurocentral, near Glasgow, Milton Keynes, Avonmouth and Wakefield.

The £80 million funding line announcement follows the launch of the UK Government’s ten-point plan for a green industrial revolution as the UK works to achieve Net Zero emissions by 2050. The proposal included a consultation on the phase out of new diesel HGVs, which account for 4.5% of total UK greenhouse gases.

CNG Fuels was established in 2014, and is today the UK market leader for the supply of bio-CNG for commercial vehicles. It operates the UK’s five highest capacity CNG stations, at Warrington, Northampton, Leyland (Lancashire), Crewe (Cheshire) and Erdington, near Birmingham.