The company becomes BeGas’s third-largest shareholder following a capital increase of 25.8 million euros and launches a joint offering for commercial fleets
Gasib acquires a stake in BeGas and seals a partnership to drive the decarbonisation of commercial transport
Gasib has reinforced its commitment to sustainable mobility by becoming a shareholder in BeGas, as part of the Spanish company’s €25.8 million capital increase – the largest in its history. The Centre for Technological Development and Innovation (CDTI), through its Innvierte fund, also participated in the transaction, alongside other industrial funds.
Following this investment, Gasib has become BeGas’s third-largest shareholder. Furthermore, the company’s backing has contributed to BeGas being recognised by the CDTI as a strategic enterprise, a distinction that only six companies in Spain have achieved to date.
Alongside the financial transaction, both companies have reached a commercial collaboration agreement to offer joint solutions aimed at operators of light and heavy transport fleets. The aim of the alliance is to accelerate the adoption of technologies with a lower environmental footprint and to facilitate the decarbonisation of commercial transport.
Gasib’s Chief Executive, Filipe Henriques, has stated that the investment represents “a strategic step” within the company’s roadmap to promote LPG in the transport sector. As he explained, the partnership will enable the company to offer a comprehensive solution combining approved technology, available vehicles and a guaranteed fuel supply to reduce fleet emissions immediately and cost-effectively.
The liquid-phase gas injection technology developed by BeGas achieves maximum performance with fuels containing between 85% and 100% propane. In this context, Gasib will guarantee the supply of LPG and BioLPG with this composition to ensure engine efficiency and facilitate their implementation under real operating conditions.
The agreement includes a specific offer for customers who refuel via a supply system at their own premises. To this end, Gasib will install the necessary tanks and offer the option of retrofitting vehicles with BeGas engines or purchasing new lorries from Herko, a brand specialising in vehicles powered 100 per cent by LPG and bio-LPG.
Through this partnership, Gasib is strengthening its strategy to position LPG as a transitional solution for the decarbonisation of commercial transport, particularly in road transport and heavy goods transport, which are considered to be among the sectors facing the greatest challenges in reducing their emissions.
