In March 2025, Pioneer invested in OG Clean Fuels, a leading owner and operator of clean fuels filling stations based in the Netherlands.
Founded in 2008, OG started as a supplier of bio-CNG for passenger cars and vans in the Netherlands. OG now has 325 filling station locations which offer compressed, liquefied biomethane, electric vehicle charging, hydrogen and liquid biofuels across Germany, the Netherlands, Sweden and Italy. OG purchases biomethane, green power and green hydrogen from local producers and sells these clean fuels onwards to road transport users through the filling stations.
The Fund’s commitment will finance the acquisition of OG as well as an immediate investment to finance the roll-out of OG’s near-term pipeline of new clean fuel filling stations in Germany. Pioneer’s vision is for OG to invest further capital over the next five years to continue the Company’s journey to becoming a multi-fuel decarbonisation solutions provider for large logistics and transport companies as well as heavy goods fleet operators.
