SOURCE: Propel Fuels

Propel Fuels

March 24, 2011 12:34 ET

Propel Fuels CEO Receives Biofuels Leadership Award

CEO and Renewable Fuels Retailer Recognized for Providing Choice at the Pump and Connecting Consumers With Low Carbon Fuels

REDWOOD CITY, CA--(Marketwire - March 24, 2011) -  Matt Horton, CEO of Propel Fuels (www.propelfuels.com), a leading retailer of clean, renewable fuels, was honored with the Biofuels Leadership Award at the 3rd Annual Sustainable Biofuels Awards in Rotterdam, Netherlands. The Biofuels Leadership Award honors an individual who has made an outstanding contribution to the development of the biofuels industry. Horton was recognized for providing thousands of drivers with convenient access to low-carbon, domestic fuels through Propel's growing network of renewable fuel stations.

The Sustainable Biofuels Awards coincide with the annual World Biofuels Markets conference, drawing the world's leaders from across the biofuels industry including infrastructure, advanced fuel research, producers, and policy. Awards are voted on by an independent judging panel that considers the greenhouse gas savings, environmental impact and further benefits of the operations or technology of the nominees.

"We thank the Sustainable Biofuels Awards panel for recognizing the importance of engaging consumers with new fuel choices, and share this award with the thousands of Flex Fuel and diesel drivers who have made the choice to fill with renewable fuels," said Horton. "Propel looks forward to expanding our network of stations to dramatically increase the availability of renewable fuels, reduce our nation's dependence on petroleum, and set the stage for the adoption of the next generation of low carbon fuels."

Propel is focused on building the infrastructure that is the critical link between consumers and producers in the low-carbon fuel supply chain. The company currently operates its Clean Fuel Points (green-built, self serve filling stations) throughout California and Washington State, with more than 75 sites planned across California by year's end. There are more than 20 million alternative fuel capable vehicles (more than 1 million in California alone) on American roads today; however the majority of them do not have convenient access to renewable fuels.

About Propel
Headquartered in Redwood City, California, Propel builds, owns and operates a network of Clean Fuel Points -- green-built, self-serve filling stations providing convenient access to clean, American, low carbon fuels. The company offers drivers and fleets a cleaner fuel choice that reduces carbon emissions, creates jobs and lowers America's dependency on foreign oil. Propel has also developed CleanDrive™, the nation's first integrated carbon emission reduction tracking platform. Propel operates a growing network of Clean Fuel Points in Washington State and California. More information is available at www.propelfuels.com.

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