NextNRG Extends Fueling Services to Sunbelt Rentals in Texas, Advancing Recurring Revenue Strategy

Rhea-AI Summary

NextNRG (NASDAQ: NXXT) has expanded its commercial relationship with Sunbelt Rentals, extending mobile fueling services from Florida to Texas. The company's AI-driven platform now operates 144 delivery trucks across six states, including Los Angeles, San Francisco, Detroit, Nashville, Phoenix, and major metro areas in Florida and Texas.

Key highlights include the development of a custom fueling portal at sunbelt.ezfl.com/login and a significant 166% year-over-year growth in February fuel deliveries, reaching 1.44 million gallons and record monthly revenue. The company estimates that direct-to-site fueling can reduce fleet fueling costs by over $3,000 per vehicle annually.

This expansion follows NextNRG's recent integration of delivery assets from Shell Oil Products US and Yoshi Mobility, strengthening its fleet capacity and geographic reach in the strategic Texas market.

Positive

• Record monthly revenue achieved in February 2025
• 166% year-over-year growth in fuel delivery volume (1.44M gallons)
• Geographic expansion to Texas market through Sunbelt Rentals partnership
• Integration of Shell Oil Products US and Yoshi Mobility delivery assets
• Cost-saving potential of $3,000 per vehicle annually for customers

Negative

• None.

Insights

Financial Analyst

NextNRG's expansion of fueling services to Sunbelt Rentals in Texas represents a strategic advancement in their recurring revenue model and validates their service offering. The 166% year-over-year growth in February fuel deliveries and achievement of record monthly revenue demonstrates strong operational momentum following their integration of delivery assets from Shell Oil Products US and Yoshi Mobility.

The value proposition is clear: NextNRG estimates their direct-to-site fueling can reduce fleet costs by $3,000 per vehicle annually through minimizing fuel loss, labor inefficiencies, and downtime. By developing a custom fueling portal for Sunbelt, they've created both operational efficiencies and potential customer lock-in through digital integration.

Texas represents a high-value expansion target as one of the most active construction and industrial equipment markets in the U.S. With operations now spanning six states and 144 active trucks, NextNRG is building meaningful scale in the mobile fueling space. The company's strategy of serving enterprise customers across multiple states through centralized account management creates a scalable growth model with potential operating leverage.

This expansion with an existing customer is particularly significant as it typically carries lower customer acquisition costs and validates service quality. The deepening relationship with a major equipment rental company provides both immediate revenue growth and a reference customer for similar enterprise expansions.

Fueling operations now span six states with 144 active trucks, enabling broader service coverage and supporting growth in key commercial markets

February fuel deliveries experienced 166% year-over-year growth

MIAMI, April 04, 2025 (GLOBE NEWSWIRE) -- NextNRG, Inc. (NASDAQ: NXXT), a pioneer in AI-driven energy innovation—transforming how energy is produced, managed and delivered through its advanced Utility Operating System, smart microgrid technology, wireless EV charging and on-demand mobile fuel delivery solutions—today announced the expansion of its commercial relationship with Sunbelt Rentals, one of North America’s largest equipment rental companies. Building on existing operations in Florida, the company will now support Sunbelt Rentals’ fueling needs in Texas.

NextNRG’s mobile fueling platform provides direct-to-asset fuel delivery to commercial fleets, eliminating the need to travel to fueling stations and enabling efficient site-level logistics. The company currently operates a national delivery fleet of 144 trucks, delivering fuel across key markets, including Los Angeles, San Francisco, Detroit, Nashville, Phoenix, and major metro areas throughout Florida and Texas.

NextNRG is expanding its fueling of Sunbelt equipment both at rental branches and directly on job sites, to the great State of Texas. To further support the relationship, NextNRG has developed a custom fueling portal for Sunbelt at sunbelt.ezfl.com/login, allowing authorized users to schedule deliveries, track fueling activity, and access real-time data and reporting.

The expansion with Sunbelt Rentals follows the company’s recent integration of delivery assets from Shell Oil Products US and Yoshi Mobility, increasing its fleet capacity and geographic reach. These transactions support NextNRG’s strategy of serving enterprise customers across multiple states through centralized account management and operational scalability.

“We’re pleased to deepen our relationship with Sunbelt Rentals, a valued partner that exemplifies the kind of long-term customer engagement we aim to scale nationally,” said Michael D. Farkas, Founder and CEO of NextNRG. “This expansion into Texas follows our second consecutive month of record mobile fueling performance, and we believe it reflects both the growing utility of our fueling platform and the operational value we deliver to partners managing high-demand fleets. The ability to service equipment directly on job sites or at their rental yards enhances efficiency and helps ensure uninterrupted project timelines.”

NextNRG’s mobile fueling division delivered approximately 1.44 million gallons in February, representing 166% year-over-year growth and marking its highest monthly revenue to date. According to company estimates, direct-to-site fueling can reduce fleet fueling costs by over $3,000 per vehicle annually by minimizing fuel loss, labor inefficiencies and downtime.

Service Overview:

• On-Site Fuel Delivery: Fuel delivered directly to fleet equipment on-site
• Scheduled and On-Demand Options: Flexible logistics to meet operational timelines
• Centralized Reporting Tools: Fuel usage data and spend visibility for cost management
• National Service Consistency: Support for multi-region operators via a single platform
• Custom Fleet Portal Access: Secure user interface for scheduling, tracking, and reporting fueling activity
  

Texas represents one of the most active construction and industrial equipment markets in the U.S., making it a priority geography for NextNRG’s expansion efforts. The company anticipates continued growth in fleet fueling volume and market penetration across this region throughout 2025.

About NextNRG, Inc.
NextNRG Inc. (NextNRG) is Powering What’s Next by implementing artificial intelligence (AI) and machine learning (ML) into renewable energy, next-generation energy infrastructure, battery storage, wireless electric vehicle (EV) charging and on-demand mobile fuel delivery to create an integrated ecosystem.

At the core of NextNRG’s strategy is its Utility Operating System, which leverages AI and ML to help make existing utilities’ energy management as efficient as possible; and the deployment of NextNRG smart microgrids, which utilize AI-driven energy management alongside solar power and battery storage to enhance energy efficiency, reduce costs and improve grid resiliency. These microgrids are designed to serve commercial properties, healthcare campuses, universities, parking garages, rural and tribal lands, recreational facilities, and government properties, expanding energy accessibility while supporting decarbonization initiatives.

NextNRG continues to expand its growing fleet of fuel delivery trucks and national footprint, including the acquisition of Yoshi Mobility’s fuel division and Shell Oil’s trucks, further solidifying its position as a leader in the on-demand fueling industry. NextNRG is also integrating sustainable energy solutions into its mobile fueling operations. The company hopes to be an integral part of assisting its fleet customers in their transition to EV, supporting more efficient fuel delivery while advancing clean energy adoption. The transition process is expected to include the deployment of NextNRG’s innovative wireless EV charging solutions.

To find out more visit: www.nextnrg.com

Forward-Looking Statements
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statement describing NextNRG’s goals, expectations, financial or other projections, intentions, or beliefs is a forward-looking statement and should be considered an at-risk statement. Words such as "expect," "intends," "will," and similar expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties, including, but not limited to, those related to NextNRG’s business and macroeconomic and geopolitical events. These and other risks are described in NextNRG’s filings with the Securities and Exchange Commission from time to time. NextNRG’s forward-looking statements involve assumptions that, if they never materialize or prove correct, could cause its results to differ materially from those expressed or implied by such forward-looking statements. Although NextNRG’s forward-looking statements reflect the good faith judgment of its management, these statements are based only on facts and factors currently known by NextNRG. Except as required by law, NextNRG undertakes no obligation to update any forward-looking statements for any reason. As a result, you are cautioned not to rely on these forward-looking statements.

Investor Relations Contact
NextNRG, Inc.
Sharon Cohen
SCohen@nextnrg.com

FAQ

What is the current operational scale of NextNRG (NXXT) mobile fueling services?

NextNRG operates 144 delivery trucks across six states, serving major markets including Los Angeles, San Francisco, Detroit, Nashville, Phoenix, and metro areas in Florida and Texas.

How much fuel did NXXT deliver in February 2025 and what was the growth rate?

NextNRG delivered 1.44 million gallons in February 2025, achieving 166% year-over-year growth and reaching its highest monthly revenue to date.

What cost savings does NextNRG's direct-to-site fueling service offer to fleet operators?

NextNRG estimates that its direct-to-site fueling service can reduce fleet fueling costs by over $3,000 per vehicle annually through minimized fuel loss, labor inefficiencies, and downtime.

What features does NextNRG's custom fueling portal for Sunbelt Rentals offer?

The portal at sunbelt.ezfl.com/login allows authorized users to schedule deliveries, track fueling activity, and access real-time data and reporting.