Plenergy

plenergy.es ↗ ·Madrid ·Other

Plenergy (founded and long known as Plenoil; rebranded to Plenergy in 2024-2025) is a Spanish operator of unattended, low-cost automated petrol stations, headquartered in Madrid. Founded in 2014 by José Rodríguez de Arellano, it opened its first station in Madrid (Vallecas) and has grown into Spain's leading independent low-cost fuel retailer, with over 400 stations, ~1,200 employees, revenue above €1.55bn in 2024 and a target of 500 stations by 2027 plus expansion into Portugal and EV charging. It is not a venture-backed startup: in January 2024 private equity firms Portobello Capital and Tensile Capital Management acquired a controlling ~80% stake in a deal valued around €350-400m, with the founder retaining his role and a shareholding.

Founded
2014
Founders
1
Total funds raised
—
Rounds
0
Investors
2
SectorsEnergy & Climate, Retail, Mobility & Logistics, Fuel Retail, EV Charging Start-up MapEnergy & Climate › Energy infrastructure services

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Founders

José Rodríguez de Arellano
Founder & CEO

Global models 1

Booster Fuels
United States · www.boosterusa.com ↗
The only large venture-backed company I know of that sells fuel directly to consumers and fleets more cheaply than staffed stations. It cuts costs by delivering the fuel rather than running unattended stations, so it is a loose match; almost no VC-backed operators of unattended low-cost stations exist.
$200MComparable

In the same niche 14 others

See all in the Start-ups Map →

Notes: Most funded first

Investors 2

Portobello Capital
Buyout 2024 · not counted Spain
Tensile Capital Management
Buyout 2024 · not counted United States

Funding rounds 0

·1 not counted
Not counted (1)

Not counted in totals

DateRoundAmountLead

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