Propel Fuels today announced this week it has entered an exclusive supply agreement with Eco-Energy, a distributor of renewable fuels, to fulfill Propel’s Flex Fuel E85 demand over the next three years.
This agreement represents an important step in the maturing of the industry, further enabling high blend renewable fuels to compete head-to-head with petroleum fuels. Integrating the producer-to-pump supply chain reduces the cost and complexity of procuring, storing, and delivering renewable fuels, better positioning Propel during its accelerated rollout of hundreds of renewable fueling locations.
Founded more than 20 years ago, Eco-Energy has worked to speed the evolution of renewable fuels in America. Their growth now positions Eco-Energy as the third-largest renewable energy marketer in the country. With an extensive network of biofuel producers across the country, Eco-Energy can help meet Propel’s growing demand for domestically-produced, low carbon E85 ethanol in California and other future markets.
Propel operates a network of Clean Fuel Points (CFP), green-built, self-serve filling stations co-located at existing gas stations, and Clean Mobility Centers (CMC), which introduce renewable fuels (Flex Fuel E85, biodiesel blends) alongside the conventional fuels (gasoline, diesel) that drivers use today. Propel’s CMCs also enable drivers to offset carbon from their fuel purchases at the pump, improve their vehicle’s fuel economy through free air for their tires, find rideshare opportunities, tune bicycles, and recycle on the go.
As even more sustainable fuel technologies advance, Propel’s station platform provides the flexibility to offer new fuel choices into the future. Propel will collaborate with Eco-Energy to identify and work with local producers and next-generation fuel suppliers to bring responsible, high performance, renewable fuels into all its fuel blends as it aims to grow its network to more than 200 stations over the next five years.