Moeve: Leading the European Energy Transition
Key Ideas
  • Moeve, formerly Cepsa, is positioning itself as a leader in the European energy transition with a focus on sustainable energy and mobility through an €8 billion investment strategy.
  • The company is making significant progress on projects including the development of the Andalusian Green Hydrogen Valley, maritime corridors, biofuels plants, ultra-fast electric charging networks, and sustainable chemical products.
  • Moeve's achievements have led to top positions in international sustainability ratings, showcasing its commitment to environmental, social, and governance (ESG) factors.
  • The company's new brand identity, developed to reflect movement and optimism, will be gradually rolled out across its service stations, reinforcing its dedication to a sustainable future.
Cepsa has undergone a significant transformation by changing its name to Moeve, positioning itself as a leader in the European energy transition. The move aligns with its 2030 Positive Motion strategy, emphasizing sustainable energy and mobility. Moeve plans to invest €8 billion, with over 60% earmarked for sustainable businesses like green hydrogen production, biofuels, and electric charging. Notable projects include the Andalusian Green Hydrogen Valley, biofuels and chemical plants, and biomethane projects. The company is also expanding its ultra-fast electric charging network and diversifying its customer services. Moeve's sustainability efforts have garnered top positions in international ESG ratings. The company's rebranding, reflecting optimism and evolution, will be gradually implemented across its service stations to emphasize its commitment to a brighter, sustainable future.
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