PitPoint Acquires German RNG Station Network

Nieuwegein, The Netherlands and Frankfurt, Germany - Dutch green energy provider PitPoint, has crossed the border to begin operations in Germany. Building on its experience with renewable natural gas (RNG) networks in the Netherlands and Belgium, PitPoint is preparing to add the country to its goal of completely clean fuels in Northwest Europe by 2030. Its first step is to acquire Frankfurt-based Gazu GmbH, operator of biomethane filling stations.

PitPoint wants to achieve its ambition by making clean fuels available that are cost competitive and cleaner than tradition fuels. The company wants to ensure that completely clean transport is realized by 2030. Together with its partners, PitPoint is building and exploiting a network of filling stations and stations for public transport, such as busses, taxis and ferry services. The company is also investing in hydrogen stations and electrical charging point networks.

"Our years of experience in clean transport and environmentally-friendly fuels makes us perfectly positioned to realize our ambition, namely to be an important player in clean fuels in Northwest Europe", says Erik Kemink, CEO of PitPoint.

GAZU and PitPoint clean fuels signed a takeover of 13 filling stations. PitPoint Germany starts initially in North Rhine-Westphalia and in the Lower Saxony. PitPoint Germany

Source: IWR Online, 03 May 2016