SHV Energy

What SHV Energy does

SHV Energy is a Dutch family-owned multinational, founded in 1896 and headquartered in Hoofddorp, Netherlands, operating as a leading global distributor of off-grid energy. The company provides decentralised LPG (liquefied petroleum gas) and LNG (liquefied natural gas) to approximately 26 million residential and business customers across 21 countries on four continents, supported by 13,000 employees. Its core business centers on LPG distribution for cooking, heating, and industrial processes, with regional operations under established brands including Calor (UK/Ireland), Liquigas (Italy), Primagaz (Europe), Supergasbras (Brazil), SUPERGAS (India), and Pinnacle Propane (US). Distribution infrastructure includes filling plants, storage terminals, and cylinder exchange networks, supplemented by IoT-enabled smart gas tank monitoring deployed with Orange Business Services across Europe and the US for real-time level monitoring, leak detection, and delivery route optimization.

The company's go-to-market is sales-led through wholly-owned regional subsidiaries, with transaction-fee revenue tied to LPG/LNG volume sold. Pricing is volume- and location-based and not publicly disclosed. Customer segments are split between primary off-grid residential households (cooking, heating, hot water in rural areas without gas grid access) and secondary business/industrial customers including food, dairy, pharmaceutical, chemical, and engineering sectors served through initiatives like EM3 energy efficiency services in Ireland. Digital ordering platforms such as Supergasbras's Pedir Gás in Brazil extend the sales motion across app, WhatsApp, and website channels.

SHV Energy has positioned itself at the intersection of traditional LPG distribution and energy transition, targeting 100% renewable and sustainably sourced energy by 2040. Sustainable fuels strategy includes the Futuria brand encompassing bioLPG (up to 85% GHG reduction vs diesel/heating oil), rDME (renewable dimethyl ether), and piloted bioLNG. Capital commitments include the Dimeta joint venture with UGI International (up to $1 billion investment, 300 kilotons rDME production target by 2027), the Circular Fuels JV with KEW Technology (50 kilotons annual capacity from municipal solid waste), and partnerships with LanzaTech for Carbon Capture and Transformation technology. The company also divested its Indian solar portfolio (SunSource Energy, ~290 MW) to INOXGFL Group in early 2026, signaling a strategic refocus toward core LPG/LNG distribution and renewable liquid gas pathways.

Name

SHV Energy

Legal name

SHV Energy NV

Website

https://shvenergy.com

Company type

Private

Founded year

1896

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

SHV Energy is a Dutch family-owned multinational distributing LPG, LNG, and sustainable fuels to 26 million residential and business customers across 21 countries, transitioning toward renewable energy solutions with a 2040 net-zero sourcing target.

Ownership category

akta.pro rank

Product category

LPG and LNG Distribution

NAICS

Natural Gas Distribution (2212), Fuel Dealers (457210)

SIC

Natural Gas Transmisison & Distribution (4923)

akta.pro primary industry

Off-Grid/Remote Energy Solutions (Mines, Camps, Islands using LNG/CNG) (EUALALAI)

akta.pro secondary industries

Green/Carbon-Neutral Retail Supply (RECs/GoOs Bundled) (EUAGABAE), CNG/LNG Refueling for Industrial Fleets (Private Stations, Yard Fueling) (EUALALAK)

Keywords

• LPG distribution
• LNG supply
• Off-grid energy
• Renewable propane
• Sustainable fuels

Headquarters

HQ city

Hoofddorp

HQ country

Netherlands

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. LPG Distribution: Distribution of Liquefied Petroleum Gas to 26 million residential and business customers through regional subsidiaries and local brands across 21 countries.
2. LNG Distribution: Liquefied Natural Gas distribution for industrial and transport applications, including Prima LNG brand.
3. Sustainable Fuels: Sale of sustainable fuel products including Futuria Propane (bioLPG), rDME, and other renewable energy solutions.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

SHV Energy distributes off-grid energy—primarily LPG (liquefied petroleum gas) and LNG (liquefied natural gas)—to 26 million residential and business customers across 21 countries through regional subsidiaries and local brands, complemented by a growing sustainable fuels portfolio (BioLPG, rDME, bioLNG) under the Futuria brand. The company also offers supply-and-risk-management services, IoT-enabled smart tank telemetry, and digital ordering platforms.

Product overview

SHV Energy operates as a global distributor of off-grid energy providing decentralized, cleaner, and lower-carbon energy solutions to 26 million business and residential customers across 21 countries. The company's portfolio includes core energy products (LPG and LNG) complemented by sustainable fuel offerings (BioLPG/rDME under the Futuria brand) and digital services. The business operates through multiple brands including SUPERGAS (India), Supergasbras (Brazil), Calor (UK/Ireland), Liquigas (Italy), Primagaz (Europe), Pinnacle Propane (USA), and Gaspol (Poland), supported by joint ventures Dimeta and Circular Fuels Ltd for renewable DME production. Digital innovations include IoT-connected smart tank monitoring and mobile applications for cylinder management and ordering.

Differentiator

Problem solved

Functional benefit

Brands

• Futuria Propane (bioLPG): Sustainable fuel made from renewable and biobased feedstocks, reducing greenhouse gas emissions by up to 85% compared to conventional fuels. Available in 12 countries.
• Futuria rDME
• Futuria LNG (bioLNG)
• Easy Blue

Products and services

• LPG (Liquefied Petroleum Gas)
• LNG (Liquefied Natural Gas)
• Prima LNG
• Supply and Risk Management

Quantifiable outcome

• Up to 85% GHG emission reduction with bioLPG/rDME vs diesel and heating oil
• +2 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Partnerships

Twelve partnerships are on record, tiered major, core and supporting.

• SkyNRGmajorStrategic or Co-development Partner · 1 January 2026BioLPG offtaker partnership with SkyNRG, who broke ground on Netherlands' first Sustainable Aviation Fuel (SAF) plant in May 2026. SHV Energy views SAF production as source of renewable by-products supporting off-grid energy users.
• DCC EnergymajorStrategic or Co-development Partner · 19 November 2024MoU signed to promote renewable liquid gas (rLG) development. Collaboration following Frontier Economics white paper commissioned by SHV Energy and DCC Energy.
• EnerkemmajorStrategic or Co-development Partner · 27 July 2023Partnership between Dimeta and Enerkem for two waste-to-DME projects in Continental Europe and the US, each anticipated to produce approximately 165,000 tonnes of renewable/recycled carbon DME per year from mixed residual waste.
• LanzaTechcoreTechnology or Integration · 23 March 2022Strategic partnership employing LanzaTech's Carbon Capture and Transformation (CCT) technology to produce renewable propane and sustainable fuels from waste carbon. SHV Energy also invested in LanzaTech's public listing through AMCI Acquisition Corp. II.
• UGI International (Dimeta Joint Venture)coreStrategic or Co-development Partner · 22 December 2021Joint venture with UGI International to develop renewable DME (rDME) production capacity. Targeting 300,000 tons of rDME per year by 2027 through up to 6 production plants with aggregate investment of up to $1 billion. EU approval received December 2021.
• Furukawa Electric Co. and Astomos EnergymajorStrategic or Co-development Partner · 14 November 2021Joint Development Agreement to convert CO2 and methane from livestock manure into bioLPG using proprietary process and catalysts. Aims to establish millions of tonnes of renewable bioLPG supply through multiple plants.
• Aston University and other Open Innovation winnerssupportingTechnology or Integration · 1 November 2021Open Innovation Challenge winners including Aston University (high-yielding bioLPG production research using butyric acid), Van 't Hoff Institute for Molecular Sciences, Queen's University Belfast, Drochaid Research Services, and Nanjing EnzymeTree. Each received €50,000 funding.
• KEW Technology (Circular Fuels Ltd)coreStrategic or Co-development Partner · 3 June 2021Joint venture to develop rDME production plants using KEW's proprietary advanced gasification technology. First plant planned for UK with 50 kilotonnes annual capacity from municipal solid waste.
• EM3 (acquired majority stake)supportingStrategic or Co-development Partner · 3 November 2020Acquisition of majority stake in Irish industrial energy efficiency company EM3, providing energy management and sustainability solutions for industrial customers.
• Orange Business ServicessupportingTechnology or Integration · 12 October 2020IoT connectivity solution providing smart telemetry and meters on gas tanks across Europe and US. Orange provides global SIM cards and mobile network connectivity for data transfer enabling tank monitoring, leak detection, and delivery optimization.
• PitPoint.LNG (Joint Venture)supportingStrategic or Co-development Partner · 31 October 2019Joint venture between Primagaz BV (SHV Energy subsidiary) and Total subsidiary PitPoint clean fuels, opened Europe's first shore-to-ship LNG bunker station for inland shipping at Niehler Hafen in Cologne.
• Neste OilcoreStrategic or Co-development Partner · 22 June 2016Partnership for Neste to produce bioLPG at Rotterdam refinery. SHV Energy agreed to market and sell approximately 160,000 tons of biopropane over a four-year period from world's first bioLPG production facility.

Scale indicators11 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Suburban Propane Partners: US publicly traded propane distributor focused on residential, commercial, and industrial customers. Operates in the same US off-grid LPG segment as Pinnacle Propane with comparable customer-acquisition and logistics models.
• AmeriGas Partners: Largest US propane distributor and UGI subsidiary serving residential, commercial, and motor-fuel customers nationwide. Direct competitor to Pinnacle Propane in the US retail LPG market with similar cylinder exchange and bulk delivery models.
• UGI Corporation: US-listed LPG and propane distributor (AmeriGas, Antargaz) serving residential and commercial customers across the US and Europe. UGI is SHV Energy's joint-venture partner in Dimeta for rDME production, making it the closest comparable in business model, customer base, and product mix.
• Ferrellgas Partners: US publicly traded propane distributor serving residential, commercial, and agricultural customers. Overlaps directly with SHV's Pinnacle Propane business in the US off-grid LPG market with similar bulk-tank and cylinder-exchange models.
• DCC Energy: UK-listed downstream energy distributor with significant LPG and fuel-oil operations across Europe. DCC signed an MoU with SHV Energy in 2024 to promote renewable liquid gases, and its European footprint makes it a direct off-grid energy distribution peer.
• Butagaz: France-focused LPG distributor (part of DCC Energy group) serving residential and commercial customers. Direct competitor to Primagaz France and Calor with similar off-grid residential and cylinder-exchange business models.

Broad incumbents

• Repsol: Spanish integrated energy major with a sizable LPG business (Repsol Gas) in Iberia and Latin America — directly overlapping with SHV's Primagas Spain operations. Repsol is also expanding into renewable fuels, making it a broad incumbent competitor.
• Shell: Global integrated energy major with substantial LPG, LNG, and emerging renewable-fuels activities. Shell competes with SHV Energy across LPG distribution, LNG bunkering, and now bioLPG/rDME investments as a deep-pocketed incumbent.
• TotalEnergies: Global integrated energy major with significant LPG/LNG distribution, renewables, and bioenergy activities. Competes broadly with SHV in industrial LNG, transport LNG bunkering, and increasingly in bioLPG via its biofuels strategy; pitPoint.LNG was a JV partner with SHV's Primagaz.

Others

• LanzaTech: Carbon Capture and Transformation technology company and SHV Energy partner for bioLPG production. Comparable as a thematic/sustainable-fuels ecosystem participant and SHV investor (via AMCI SPAC), though not a direct LPG distribution competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCu6opYNSRH1_6l1gVM51nNA
• LinkedInlinkedin.com/company/shv-energy

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries20 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SHV Energy