OG Clean Fuels Expands into the French Market
With the acquisition of Providis, OG Clean Fuels will now operate nearly 400 multi-fuel locations across Europe. This marks the company's first step into France.
Expanding European Footprint
Following the acquisition, OG Clean Fuels operates in the Netherlands, Germany, Italy, Sweden, and France, demonstrating a strong commitment to sustainable transport throughout Europe. The company aims to reach €150 million in revenue by 2026.
Strategic Growth and Local Integration
“France is one of Europe’s most dynamic and fastest-growing market for Bio-CNG and LNG (and shortly, Bio-LNG). By combining our clean fuels expertise with the strong local foundation of Proviridis, we can accelerate the transition of road transport in Europe,” says Marcel Borger, Founder and CEO of OG Clean Fuels.
OG Clean Fuels will also integrate all 25 employees of Proviridis, expanding its team to 120 members.
Network and Investments
The current network includes 19 multi-fuel stations located at key transport corridors and industrial hubs such as Paris, Dourges, Lyon, and Marseille. OG Clean Fuels plans to continue investing over the next five years to achieve a revenue goal of €500 million.
- Proviridis was founded in 2012 and has developed the nationwide V-GAS brand for CNG/LNG stations.
- Proviridis also created Z-E-N (Zero Emission Network) for high-power electric vehicle charging stations.
Summary: OG Clean Fuels strengthens its European presence by acquiring Proviridis, boosting its network and workforce while advancing sustainable fuel accessibility and aiming for substantial revenue growth.