Propel Fuels Named to “Fast 100” By San Francisco Business Times

Renewable Fuel Retailer Joins Prestigious Group of the Bay Area’s Fastest Growing Companies

REDWOOD CITY, Calif.  (October 26, 2012) – Propel Fuels (www.propelfuels.com), a leading retailer of renewable fuels and clean mobility solutions, was recently named to the San Francisco Business Times’ “Fast 100” list of the Bay Area’s fastest growing private companies. Propel was ranked the Bay Area’s 14th fastest-growing private company based on a three-year growth rate of more than 1,000 percent. The company currently operates 29 fueling locations throughout California and Washington State with more than 200 locations planned for new and existing markets over the next two years.

“We’re particularly honored to be included in this year’s Top 100, especially in a region that is home to so many remarkable companies,” said Matt Horton, CEO of Propel. “The real credit for this growth goes to the thousands of California drivers and businesses who choose to fill with something better, every time they pull up to the pump. Our customers’ demand for clean mobility options and increased choice is front of mind as we continue to make progress toward our nation’s energy goals.”

Propel operates a growing network of stations that introduce renewable fuels (Flex Fuel E85, biodiesel blends) alongside the conventional gasoline that most drivers use today. With a focus beyond fuel, Propel enables drivers to offset carbon from their fuel purchases, improve their vehicle’s fuel economy, find rideshare opportunities, tune bicycles, and recycle on the go.
 
As even more sustainable fuel and vehicle technologies advance, Propel’s station platform provides the flexibility to offer emerging fuel types and transportation technologies such as natural gas and electric vehicle charging. Propel works with the very best current and next-generation fuel suppliers to bring responsible, high performance renewable fuels into all its fuel blends.

The company currently has seven fueling stations in the greater Bay Area located in Oakland, Berkeley, Redwood City, Fremont, and three in San Jose. A full list of Propel stations can be found at: http://propelfuels.com/locations. More information and the full list of recognized companies on the San Francisco Business Times Fast 100 Awards list can be found at: http://www.bizjournals.com/sanfrancisco/blog/2012/10/fastest-growing-bay-area-companies.html.

About Propel
Headquartered in Redwood City, California, Propel Fuels operates a network of green-built filling stations providing convenient access to American, low carbon fuels and clean mobility solutions. The company offers consumers and fleets new fuel choices that make progress towards reducing carbon emissions, creating jobs, and lowering America’s dependence on foreign oil. Propel has also developed CleanDrive®, the nation’s first integrated carbon emission reduction tracking platform. Propel operates a growing network of locations providing cleaner mobility options in California and Washington State. In 2012, Propel was named one of the nation’s fastest growing private companies by Inc. Magazine’s “Inc. 500” list, including America’s fastest growing fuel brand. More information is available at www.propelfuels.com and by following Propel on Twitter at: @PropelFuels.