OrangeGas expands biogas retail network in Sweden
With the takeover of four Öresundskraft stations and a bus depot, the company expects to increase its revenue by €8 million.
OrangeGas has boosted its Sweden operations with the acquisition of four commercial CNG stations and a bus depot in Helsingborg.
As of 1 September, OrangeGas will start operating the former Öresundskraft stations, which are all located in the Helsingborg region. The takeover will increase the company’s annual revenue by some 8 million euros.
“This is a crucial step for OrangeGas, as we have the ambition to become the largest clean fuel retailer in North-West Europe,” says founder and director Marcel Borger.
In addition to the commercial stations, OrangeGas will refuel 123 buses daily at the depot. The biogas sold at the stations is made from organic waste from the local waste processing.
The goal is to have 20 to 30 OrangeGas filling stations in Sweden by the end of 2020. Expansion plans in Berlin are also underway.
Öresundskraft, a local energy company, will focus more on its core business – supplying green energy to industrial and residential areas. It will continue to work with OrangeGas as it will supply the biogas to the stations.
