Energy and petrochemicals · Spain

Moeve

An energy company producing and marketing fuels, biofuels, green hydrogen, electricity, and chemicals, with a focus on the energy transition in Spain and Portugal.

About Moeve

Energy across the value chain

Moeve is an energy company active across the value chain, including sustainable mobility, clean and conventional energy, energy parks, chemicals, exploration and production, and trading. The company reports more than 90 years of activity and says it is transforming toward a more sustainable energy model.

Business areas

  • Sustainable mobility: development of one of Spain and Portugal’s largest ultrafast electric-vehicle charging networks.
  • Clean and commercial energy: green hydrogen and second-generation biofuel projects.
  • Chemicals: production of sustainable ingredients for products such as detergents.
  • Exploration and production, trading, and energy parks.

Featured projects

The company is developing the Andalusian Green Hydrogen Valley, which it describes as Europe’s largest green-hydrogen project under development, with a planned combined electrolysis capacity of 2 GW. It is also building what it presents as southern Europe’s largest second-generation biofuel complex in Palos de la Frontera, Huelva.

Strategy and investment

Under its Positive Motion 2030 strategy, Moeve plans to invest up to €8 billion over the decade in new businesses, including green hydrogen and derivatives, second-generation biofuels, electric mobility, and sustainable chemicals. In its first-half 2026 results, the company reported EBITDA of €1.2 billion and said 69% of its investment went to energy-transition projects in Spain.

Operations and brands

The group operates under the brands Moeve, Moeve Portugal, Cepsa Morocco, and Redenergy.mx, and has a corporate foundation, Fundación Moeve. It operates in Spain, Portugal, and Morocco, with additional activity in Mexico through Redenergy.

Sponsorships

Moeve says it sponsors all LALIGA competitions.

In brief

Energy and the energy transition