Add-on Acquisition • Utilities

NextNRG Acquires ReFuel Mobile

On June 30, 2025, NextNRG acquired utilities company ReFuel Mobile

Acquisition Context

This is NextNRG’s 1st transaction in the Utilities sector.
This is NextNRG’s 1st transaction in Canada.
This is NextNRG’s 1st transaction in Ontario.

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M&A Deal Summary
Date	June 30, 2025
Target	ReFuel Mobile
Sector	Utilities
Buyer(s)	NextNRG
Deal Type	Add-on Acquisition

Target Company

ReFuel Mobile

London, Ontario, Canada

ReFuel Mobile specializes in direct-to-vehicle and direct-to-equipment fuel delivery, offering convenient, cost-effective, and reliable solutions to businesses across dealerships, transportation, logistics, construction, telecom, and energy sectors. ReFuel Mobile was founded in 2016 and is based in London, Ontario.

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Buyer Overview 1

Buyer

NextNRG

Miami, Florida, United States

Category	Company
Founded	2016
Sector	Utilities
Employees	163
Revenue	28M USD (2024)

DESCRIPTION

NextNRG is an AI-driven energy innovation transforming how energy is produced, managed, and delivered through its Next Utility Operating System®, smart microgrids, wireless EV charging, and mobile fuel delivery. NextNRG was founded in 2016 and is based in Miami, Florida.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Utilities	1 of 1
Type: Add-on Acquisition	1 of 1
State: Ontario	1 of 1
Country: Canada	1 of 1
Year: 2025	1 of 1

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