Gasrec

08 Jan 2016 | Admin

Capital raising for transport fuels supply business

Gasrec is Europe’s leading supplier of liquefied gas fuel to the road transport sector. The company supplies >60% of dual-fuel and gas powered HGVs on UK roads, helping operators reduce both fuel costs and air pollution. Gasrec owns proprietary technology deployed in a plant producing ~5,300 tpa of liquid biomethane from stranded landfill gas which is blended with LNG and sold through 11 refuelling stations across the UK. Turquoise advised the company on raising £10m of equity funding.

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