{"id":17663,"date":"2023-08-11T09:53:16","date_gmt":"2023-08-11T07:53:16","guid":{"rendered":"https:\/\/plenoil.es\/plenoil-and-ballenoil-lead-the-rise-of-low-cost-gas-stations\/"},"modified":"2024-02-05T12:13:27","modified_gmt":"2024-02-05T11:13:27","slug":"plenoil-and-ballenoil-lead-the-rise-of-low-cost-gas-stations","status":"publish","type":"post","link":"https:\/\/plenergy.es\/en\/plenoil-and-ballenoil-lead-the-rise-of-low-cost-gas-stations\/","title":{"rendered":"Plenoil and Ballenoil lead the rise of ‘low-cost’ gas stations."},"content":{"rendered":"

Full article in the newspaper Expansi\u00f3n.com<\/a><\/strong><\/p>\n

Just a month ago, another giant in this sector, such as Plenoil<\/a>, also disclosed its 2022 financial statements, showing even greater growth than its rival.<\/p>\n

Plenoil<\/strong><\/a> had a net profit of 21.03 million in 2022<\/strong>, compared to 6.7 million a year earlier. The group tripled its profit, but also its revenue, going from 325 to 969 million euros in just one year.<\/p>\n

The CEO of Plenoil<\/a>, Jos\u00e9 Rodr\u00edguez de Arellano, is one of the main shareholders of the company, along with Leopoldo P\u00e9rez<\/p>\n

\n

Plenoil’s partners hired Evercore to sell a majority stake<\/h3>\n<\/blockquote>\n

Villaamil, \u00c1lvaro Sainz de Vicu\u00f1a, or Domingo de Torres Atienza. A few months ago, Plenoil’s<\/a> partners hired Evercore to organize the process of selling a majority stake<\/strong> in the group’s shareholding, given its tremendous growth.
\nTheir future plans involve “supporting growth by launching several dozen additional service stations<\/strong> in different Spanish autonomous communities, including the Canary Islands, and in new international markets such as Portugal,” the company stated in its accounts.<\/p>\n

Plenoil<\/a> has 190 operational gas stations in Spain, evenly distributed throughout the country. The group exceeded 30 million refuelings last year and registered over 2.5 million monthly customers<\/strong>. Its origins are relatively recent, as the company opened its first gas station in 2015.<\/p>\n

All of Plenoil’s<\/a> gas stations are company-owned, as it does not operate franchises.<\/p>\n

Full article in the newspaper Expansi\u00f3n.com<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Full article in the newspaper Expansi\u00f3n.com Just a month ago, another giant in this sector, such as Plenoil, also disclosed its 2022 financial statements, showing even greater growth than its rival. Plenoil had a net profit of 21.03 million in 2022, compared to 6.7 million a year earlier. The group tripled its profit, but also […]<\/p>\n","protected":false},"author":4,"featured_media":9707,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[60],"tags":[],"class_list":["post-17663","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nPlenoil and Ballenoil lead the rise of 'low-cost' gas stations. - Plenergy gasolineras<\/title>\n<meta name=\"description\" content=\"Just a month ago, another giant in this sector, like Plenoil, also revealed its 2022 accounts, showing an even greater growth than that of its competitor.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/plenergy.es\/en\/plenoil-and-ballenoil-lead-the-rise-of-low-cost-gas-stations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Plenoil and Ballenoil lead the rise of 'low-cost' gas stations. - 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