What HATTA ENERGY does

HATTA ENERGY SL is a Spanish wholesale operator of petroleum derivatives (Constituida en mayo de 2018; CIF B-19667401) that imports diesel and gasoline for distribution through fiscal deposits managed primarily by Exolum, with additional storage relationships with DBA, TEPSA, and DECAL. Following 2024 hydrocarbon sector regulatory changes, the company transitioned from selling to other wholesale operators to direct sales to approximately 570 unbranded/independent gas stations across Spain, positioning it as the country's largest independent fuel operator and fourth largest refined fuel wholesaler nationally (approaching third place behind Moeve and Repsol). The company also supplies approximately 50% of the non-branded fuel market in its regional base of Galicia.

The company's core product portfolio includes Gasóleo A, Gasóleo B, Gasolina 95, and Gasolina 95 Premium distributed through the Exolum pipeline network, with an emerging renewable fuels vertical encompassing HVO (Hydrotreated Vegetable Oil), FAME from used cooking oils, biodiesel, and bioethanol. Hatta has announced €12-14 million investment in two biofuel plants in Galicia (Galicia Biowaste and Bio Vigo) targeting 2026-2027 production launch. Underlying the trading operations is a proprietary AI-powered algorithmic system using machine learning and multi-layer neural networks to analyze real-time market data, predict price movements, and execute transactions, processing over 1,000 daily operations and 1.6 million cubic meters of hydrocarbons annually.

Hatta's business model is a transactional, take-rate model on commodity fuel distribution with razor-thin margins (pre-tax profit of ~€5.5 million on over €1 billion revenue in 2023). Revenue scaled from approximately €150 million (2021) to €3.5 billion (2025). The company holds ISCC sustainability certification and is pursuing UNE 19602 and UNE 19601 compliance certifications through AENOR. It maintains a small workforce of approximately 40 employees concentrated in Galicia (Oleiros, A Coruña) with social domicile in Madrid. The company sources hydrocarbons from a diversified supplier base including SARAS, AVIA, Kuwait Petroleum, Gunvor International, ORLEN, and BB Energy, and contributes approximately €700 million annually to the Spanish VAT treasury.

Name

HATTA ENERGY

Legal name

HATTA ENERGY SL

Website

https://hatta-energy.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

HATTA ENERGY is a Spanish wholesale operator of petroleum derivatives that imports and distributes diesel and gasoline through fiscal deposits to approximately 570 unbranded gas stations, positioning it as Spain's largest independent fuel wholesaler, with growing investment in biofuel production and AI-driven trading algorithms.

Ownership category

akta.pro rank

Product category

Wholesale Fuel Distribution

NAICS

Petroleum Bulk Stations and Terminals (424710)

SIC

Wholesale-Petroleum Bulk Stations & Terminals (5171)

akta.pro primary industry

Renewable Diesel (HVO/HEFA) Production (EUAAAHAD)

akta.pro secondary industry

Biofuel Plant EPC, O&M & Process Technology Providers (EUAAAHAK)

Keywords

• Wholesale fuel distribution
• Petroleum derivatives trading
• Biofuel production
• Fuel supply chain
• Renewable diesel

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Fuel Distribution: Import and sale of diesel and gasoline to independent fuel stations. The company imports product and stores it in Exolum-owned deposits, then sells to approximately 570 unbranded gas stations, making it Spain's largest independent operator. Revenue has grown from approximately €150 million in 2021 to €3.5 billion in 2025.
2. Biofuel Production: Plans to invest 12-14 million euros in constructing two biofuel plants in Galicia (Galicia Biowaste and Bio Vigo) to produce HVO (renewable diesel) using hydrogenated vegetable oils, with a goal to have own manufacturing platform between 2026-2027.
3. Wholesale Hydrocarbon Trading: Trading of hydrocarbons to other wholesale operators within fiscal deposits under suspensive regime with VAT and excise duty exemption under Article 24 of Law 38/1992.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels4 records

Core offering

Hatta Energy is a wholesale operator of petroleum derivatives that imports diesel and gasoline and distributes them through Exolum's fiscal deposit network to approximately 570 independent/unbranded gas stations across Spain. The company uses proprietary AI-powered predictive trading algorithms and neural networks for real-time market analysis to optimize purchasing decisions. It is also expanding into HVO (hydrotreated vegetable oil) renewable diesel and other biofuel production through planned plants in Galicia.

Product overview

HATTA ENERGY is a Spanish wholesale operator of petroleum derivatives offering a portfolio of conventional fuels (Gasóleo A, Gasóleo B, Gasolina 95, Gasolina 95 Premium) distributed through the Exolum pipeline network to independent service stations. The company is expanding into sustainable biofuels including HVO (Hydrotreated Vegetable Oil), FAME from Used Cooking Oils, and traditional biodiesel/bioethanol for blending with conventional fuels. A key differentiator is the company's proprietary AI-powered algorithmic trading system that uses machine learning and neural networks for real-time market analysis and predictive trading in petroleum derivatives.

Differentiator

Problem solved

Functional benefit

Products and services

• Gasóleo A (Diesel Fuel) Standard automotive diesel fuel distributed wholesale through Exolum's fiscal deposit infrastructure to independent service stations across Spain.
• Gasóleo B (Diesel Variant) Diesel fuel variant distributed wholesale through Exolum pipeline infrastructure to independent service stations in Spain.
• Gasolina 95 (Unleaded Petrol) Unleaded petrol (95 octane) distributed wholesale through Exolum's pipeline network to independent gas stations across Spain.
• Gasolina 95 Premium Premium unleaded petrol variant for higher-performance vehicles distributed wholesale through Exolum infrastructure to Spanish independent service stations.
• Biodiesel and Bioethanol Blends Biofuels produced from biomass residues and used cooking oils for blending with conventional fuels, with sustainability verification through the National Sustainability Verification System and ISCC certification.

Quantifiable outcome

• Revenue grew from €150 million (2021) to €3.5 billion (2025)
• +2 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature4 records

Partnerships

15 partnerships are on record, tiered core and minor.

• ExolumcoreTechnology or Integration · 1 January 2024Exolum is the national operator of fuel logistics infrastructure in Spain, managing pipeline networks and storage facilities. Hatta stores its imported fuel products in Exolum deposits and receives positioning services, transfers, insurance, and compliance certification services.
• DBA (Depósito Franco Balear)minorOthersFiscal deposit storage facility used by Hatta for hydrocarbon storage and distribution operations.
• TEPSAminorOthersFiscal deposit storage facility used by Hatta for hydrocarbon storage and distribution operations.
• DECALminorOthersFiscal deposit storage facility used by Hatta for hydrocarbon storage and distribution operations.
• SARAScoreOthersNational supplier of hydrocarbons to Hatta Energy. SARAS is a leading energy company in the Spanish market.
• AVIAcoreOthersNational supplier of hydrocarbons to Hatta Energy, among other national and international providers.
• Kuwait PetroleumcoreOthersNational supplier of hydrocarbons to Hatta Energy, providing crude and refined petroleum products.
• GUNVOR INTERNATIONAL BVcoreOthersInternational hydrocarbon trading partner. International suppliers are always companies of recognized corporate reputation, leaders in hydrocarbon trading.
• ORLENcoreOthersInternational hydrocarbon trading partner and refiner. One of Hatta's regular international suppliers.
• BB ENERGY LTDcoreOthersInternational hydrocarbon trading partner. Regular international supplier of recognized corporate reputation.
• AENORcoreOthersAENOR is evaluating Hatta's compliance tools and procedures for UNE 19601 criminal compliance management systems certification and UNE 19602 compliance management systems.
• Navas & CusícoreImplementation/ SI/ Consulting PartnerLaw firm representing Hatta Energy in CNMC complaints regarding banking blockades and financial competitor issues. Filing complaints against banks and financial institutions for market access restrictions.
• CEOEcoreOthersHatta Energy is associated with CEOE (Confederación Española de Organizaciones Empresariales), Spain's largest business confederation. CEO position holds advisory council seat.
• AECOCcoreOthersHatta Energy is integrated into AECOC, a major Spanish business association for commerce and technology.
• Xunta de GaliciacoreStrategic or Co-development PartnerRegional government of Galicia. Hatta has engaged with the regional government regarding its biofuel plant investment plans and received positive reception for its €12-14 million investment project.

Scale indicators11 records

Recent moves7 records

Expansion highlights6 records

Emerging players

• Ballenoil: Spanish low-cost fuel station chain growing rapidly through unbranded and discount stations across Spain. Comparable to Hatta because Ballenoil's customer base overlaps heavily with Hatta's independent/unbranded station segment; both target price-conscious Spanish fuel retailers outside the major branded networks.
• Plenoil: Spanish low-cost automatic fuel station operator expanding rapidly in the unbranded segment. Comparable to Hatta because Plenoil is itself both a potential customer and a structural threat to Hatta's 570+ independent-station customer base by capturing end-consumer demand directly.

Broad incumbents

• Repsol: Spain's largest integrated oil and gas company operating the largest branded fuel distribution network in the country. Directly comparable to Hatta because Repsol is the primary incumbent in Spanish fuel distribution that Hatta has accused of abusing its dominant position in an EU competition complaint. Both operate at scale in Spanish petroleum fuels.
• BP Oil España: Spanish subsidiary of BP operating a major branded fuel station network across Spain. Comparable to Hatta because BP is one of the four defendants (along with Repsol, Moeve, and Exolum) in Hatta's EU competition complaint about refusal to supply and dominant-position abuse in Spanish fuel distribution.
• Galp Energía España: Portuguese integrated energy major with a significant fuel retail network in Spain and across Iberia. Comparable to Hatta because Galp is one of the established Iberian fuel distributors competing for the same downstream station customers, with cross-border Iberian supply dynamics similar to those Hatta navigates.
• Moeve (formerly Cepsa): Third-largest fuel wholesaler in Spain and a major Spanish integrated energy company. Comparable to Hatta because Hatta is positioned to overtake Moeve for the #3 spot in Spanish refined fuel wholesaling, and Moeve is named alongside Repsol in Hatta's EU competition complaint. Both sell refined fuels through Spanish infrastructure.

Direct peers

• AVIA: Spanish fuel retail network operating branded and associated independent stations across Spain. Directly comparable to Hatta because AVIA is simultaneously a hydrocarbon supplier to Hatta and a competitor operating in the same independent-station segment; both occupy the wholesale/distribution node of the Spanish fuel value chain.
• DISA (Distribuidora Industrial S.A.): Spanish fuel distribution and retail company with strong presence in the Canary Islands and mainland Spain. Directly comparable to Hatta because DISA operates the same vertically adjacent wholesale-to-station model in Spain and is positioned in the same mid-tier independent wholesale segment where Hatta competes.

Others

• Exolum: Spain's leading fuel logistics operator, managing the national pipeline network and fuel storage terminals. Comparable to Hatta as an enabler/partner rather than direct competitor because Exolum provides the storage and pipeline infrastructure through which the bulk of Hatta's volume moves, and is itself a defendant in Hatta's EU competition complaint.
• ORLEN: Polish integrated oil and gas major with refining, fuel marketing, and retail networks across Central Europe. Comparable to Hatta as a regular international fuel supplier to Hatta and as a regional fuel marketer operating in adjacent European geographies with similar wholesale fuel market dynamics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/hatta-energy
• Instagraminstagram.com/hattaenergy.oficial

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about HATTA ENERGY