Gasrec Secures Investment Stake from Centrica to Boost its UK Bio-LNG Ambitions

Gasrec Secures Investment Stake from Centrica to Boost its UK Bio-LNG Ambitions

Published on 30 Jul 2025

Centrica secures a 16% stake in Gasrec to boost UK bio-LNG infrastructure, supporting the decarbonisation of heavy goods vehicles and expanding open-access refuelling stations.

Gasrec, the UK’s largest dual provider of bio-LNG (bio-Liquified Natural Gas) and bio-CNG (bio-Compressed Natural Gas) to the road transport sector, has secured a minority stake investment from international energy and services company Centrica plc.

Gasrec says the investment will drive the next phase of its infrastructure ambitions, with plans to open a UK-wide network of open-access refuelling stations supplying renewable bio-LNG for the decarbonisation of heavy goods vehicles.

Centrica is taking a 16% stake and becomes one of three major shareholders in Gasrec, alongside global integrated energy company bp and private family office 44 North.

Chris O'Shea, Group Chief Executive, Centrica plc, said:

“Demand for bio-LNG for transport is growing fast as more HGV operators make the switch – drawn by a clean, ready-to-use fuel which slashes CO2 emissions by up to 85% in comparison to diesel*. This investment in Gasrec enhances our collaboration with the leading company in the sector, and puts us in a strong position to energise a vital sector of the industry on its journey to net zero.”

Rob Wood, CEO of Gasrec, explains:

“Bio-LNG and bio-CNG will play an increasingly important role in decarbonising road transport because it’s safe, affordable, available, and proven in operation. As the number of refuelling sites across the strategic road network grows, so too will the viability of gas for more operators. Centrica is confident of this demand, and it saw Gasrec as offering the best opportunity to help it achieve its aims.”

This year, Gasrec has already opened three new customer refuelling sites, bringing its network to 18 operational stations across Britain. Construction is currently at an advanced stage in Hams Hall for the firm’s second large-scale open-access refuelling facility – located close to the M6 and M42.

Wood adds:

“Gas truck registrations are on the rise because fleets trust the technology – it offers dependable performance without the drawbacks of limited range, long refuelling times, driver acceptance issues, or the steep upfront costs associated with some alternatives. At the same time, truck manufacturers are putting a renewed focus on their gas-powered models as they are key to achieving strict VECTO (Vehicle Energy Consumption Calculation Tool) targets.

With both Centrica and bp’s backing, Gasrec is in the enviable position of being able to offer fleets long-term bio-LNG or bio-CNG supply agreements, giving our customers certainty of fuel supply over multiple truck lifetimes.”

Guided by its purpose of ‘energising a greener, fairer future,’ Centrica is strongly positioned to support Gasrec’s growth ambitions in the bio-gas marketplace. It operates across the full energy value chain and is aiming to be a net zero business by 2040, and to help its customers achieve net zero by 2050.

* Low Carbon Vehicle Partnership, Innovate UK and Office for Low Emission Vehicles, Low Emission Freight & Logistics Trial (LEFT), Key Findings, November 2020. Using specific feedstocks CO2 reductions of 200% are achievable.

More news

Motormax Secures Strategic Investment to Accelerate Growth in Fleet Safety
4 September 2025

Motormax Secures Strategic Investment to Accelerate Growth in Fleet Safety

Motormax secures strategic investment from MxP Partners to accelerate growth in fleet safety, driving innovation, market expansion, and operational excellence.

Kenneth Howley Transport Appoints TNS 365 as Sole Fleet Support Provider
3 September 2025

Kenneth Howley Transport Appoints TNS 365 as Sole Fleet Support Provider

TNS 365 has been chosen as the exclusive provider of breakdown, maintenance, and fleet support services for Kenneth Howley Transport, strengthening a partnership that began in April 2024.

Durite Launches New LED Warning Light Featuring HINVII™ Technology to Boost Workers’ Safety in Low-Light Conditions
3 September 2025

Durite Launches New LED Warning Light Featuring HINVII™ Technology to Boost Workers’ Safety in Low-Light Conditions

Durite has unveiled a new LED warning light featuring patented HINVII™ technology, designed to significantly improve worker safety in low-light conditions by enhancing the visibility of hi-vis materials without causing glare.

Six-figure AI investment drives safety innovation at Pallet-Track
5 August 2025

Six-figure AI investment drives safety innovation at Pallet-Track

Pallet-Track has developed an innovative solution to forklift safety after partnering with a US logistics tech specialist.

Fuel Cell Systems brings proven hydrogen refuelling technology to UK's first hydrogen freight corridor
4 August 2025

Fuel Cell Systems brings proven hydrogen refuelling technology to UK's first hydrogen freight corridor

HyFleet refuelling systems will provide hydrogen infrastructure for zero-emission commercial transport

PHINIA Completes Strategic Acquisition of SEM
1 August 2025

PHINIA Completes Strategic Acquisition of SEM

PHINIA Inc. has announced the completion of its acquisition of Swedish Electromagnet Invest AB (SEM), expanding its portfolio in alternative fuel technologies to support cleaner, more sustainable energy solutions.

Drink and Drug Driving Deaths: Mixed Trends Revealed
31 July 2025

Drink and Drug Driving Deaths: Mixed Trends Revealed

Government data shows a 14% drop in drink driving deaths in 2023, but a worrying 38% rise in drug driving fatalities, prompting calls for more education and enforcement.

We can’t achieve Vision Zero on our own, say road safety professionals
28 July 2025

We can’t achieve Vision Zero on our own, say road safety professionals

A growing number of UK road safety professionals highlight the urgent need for national leadership to achieve Vision Zero, aiming to eliminate all road deaths and serious injuries.