REDWOOD CITY, CA--(Marketwire - Aug 21, 2012) - Propel Fuels (www.propelfuels.com), a leading retailer of renewable fuels and clean mobility solutions, has been named to Inc. Magazine's annual "Inc. 500" list of the nation's fastest growing private companies. With a three-year growth rate of more than 1,000 percent, Propel ranks as the 17th fastest growing private company in the Energy sector, 352nd overall, and America's fastest growing private fuel brand. Propel currently operates 28 fueling locations throughout California and Washington State with more than 200 locations planned for new and existing markets over the next two years.
"This recognition is a tribute to our thousands of loyal customers and fleet partners that choose to fill with clean, renewable, domestically-produced fuels," said Matt Horton, CEO of Propel. "This honor is just a start for Propel. As we continue to build our network of stations, we're making progress toward our nation's energy goals and providing choice at the pump for consumers seeking cleaner mobility options."
Propel operates a growing 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 gasoline that most drivers use today. With a focus beyond fuel, Propel CMCs enable 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. Additional information about Propel's vision, fuels, and current and future station locations can be found at www.propelfuels.com. Information on Inc. Magazine's annual Inc. 500 list and Propel's profile can be found at: http://www.inc.com/inc5000/profile/propel-fuels.
Headquartered in Redwood City, California, Propel Fuels builds, owns and 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. More information is available at www.propelfuels.com and by following Propel on Twitter at: @PropelFuels.