Vitol

The Vitol Group is a global energy and commodity trading company that engages in various sectors including exploration, production, refining, and distribution. It specializes in trading commodities such as crude oil, fuel oil, and gasoline, alongside its involvement in power generation and mining. Vitol also manages terminals and has a retail business, making it a significant player in the energy market. The company combines these diverse operations to effectively market and distribute energy products worldwide.

Mike Muller

Head of Vitol Asia

Andrew de Pass

Head of Renewables and Sustainability Investments (Americas)

18 past transactions

Waste Plastic Upcycling

Acquisition in 2024
Waste Plastic Upcycling (WPU) is a company that specializes in resource efficiency and waste collection, focusing on plastic waste. It operates by collecting waste plastic materials and transforming them into valuable, usable products, a process known as upcycling. This not only helps reduce plastic waste but also contributes to a more sustainable and circular economy.

Noble Resources

Acquisition in 2024
Noble Group is a global supply chain manager specializing in energy products and industrial raw materials. The company focuses on sourcing, marketing, processing, financing, and transporting essential commodities, including oil liquids, coal, iron ore, aluminum, and various special ores. With operations across more than 60 locations worldwide, Noble Group facilitates the movement of these resources from producers to consumers, particularly in high-growth markets in Asia and the Middle East. The Group's Energy segment, which includes both retail and wholesale operations, serves as a key driver of growth, while its Metals & Mining division positions it as a leading supplier in the global market. Noble Group also emphasizes logistics and trade finance, offering services such as price risk management and commodity processing. The company maintains a solid financial position through rigorous management of its balance sheet and strong partnerships, ensuring it remains relevant and valuable to its customers in a competitive landscape.

WattEV

Debt Financing in 2023
WattEV is a company focused on facilitating the transition of the U.S. trucking industry to zero emissions by developing essential infrastructure and technology. It specializes in creating electric plug-in stations for heavy and medium-duty trucks, as well as offering a Truck as a Service model. By innovating in both business practices and technological solutions, WattEV aims to provide truckers and fleet operators with a sustainable alternative, ensuring they achieve the lowest total cost of ownership. The company also engages in the development of electric transportation trucks, which further supports its mission to promote sustainability within the trucking sector.

WattEV

Private Equity Round in 2023
WattEV is a company focused on facilitating the transition of the U.S. trucking industry to zero emissions by developing essential infrastructure and technology. It specializes in creating electric plug-in stations for heavy and medium-duty trucks, as well as offering a Truck as a Service model. By innovating in both business practices and technological solutions, WattEV aims to provide truckers and fleet operators with a sustainable alternative, ensuring they achieve the lowest total cost of ownership. The company also engages in the development of electric transportation trucks, which further supports its mission to promote sustainability within the trucking sector.

Juniper Green Energy

Venture Round in 2023
Juniper Green Energy specializes in developing and operating renewable energy projects, primarily solar, wind, and hybrid power plants. The company provides comprehensive solutions, from initial project development to final operation, enabling businesses and communities to adopt clean energy sources.

BioMethane Partners

Acquisition in 2023
BioMethane Partners offers landfill-gas-to-energy services. BioMethane Partners specializes in planning, developing, and running gas collecting systems, natural gas treatment plants, pipeline interconnects, and injection for the landfill gas (LFG) and traditional natural gas industries.

VavaCars

Series C in 2022
VavaCars is a technology-driven platform focused on the buying and selling of used cars, designed to provide a transparent and hassle-free experience for customers. By utilizing proprietary pricing and inspection technology, VavaCars aims to make car ownership accessible and affordable. In addition to facilitating transactions, the company offers ancillary services such as financing, trade-in options, vehicle servicing, and extended warranties, creating a comprehensive solution for car ownership. This approach allows VavaCars to cater to a wide range of customer needs, enhancing convenience and satisfaction in the used car market.

FlexGen

Series C in 2022
FlexGen Power Systems, Inc. specializes in the development and manufacture of energy storage and hybrid power products, including solid state generators, power converters, and software control units. Founded in 2014 and based in Houston, Texas, the company focuses on providing innovative solutions that enhance the performance and reliability of energy systems for industrial clients, utilities, and government agencies. FlexGen's offerings include advisory services, operational maintenance, frequency regulation, and grid support, facilitating the integration of energy storage technologies with both traditional and renewable power generation. By working closely with advanced battery and capacitor manufacturers, FlexGen aims to optimize energy management, reduce electricity costs, and support the effective deployment of utility-scale storage projects worldwide.

Vivo Energy

Acquisition in 2021
Vivo Energy is the company behind the Shell brand in Africa, jointly owned by Vitol, Helios Investment Partners and Shell. It operates as the retailer and distributor of fuels and lubricants across Africa, with a Retail business that sells petrol and diesel at Shell- and Engen-branded service stations, plus convenience retail, quick service and car wash options; a Commercial business that provides fuels, lubricants and related services to sectors such as transport, construction, mining, power, aviation and marine, and supplies LPG and wholesale fuels; and a Lubricants business that sells lubricants to commercial customers and retail through service stations, repair shops and distributors, including exports to other markets. It also offers non-fuel retail offerings and energy solutions, including tailored fuel, hybrid and solar options for commercial customers.

SUN Mobility

Corporate Round in 2021
SUN Mobility is an energy infrastructure and services provider focused on enhancing the adoption of electric vehicles (EVs). Founded in 2017, the company offers innovative solutions that separate the battery from the vehicle, significantly reducing the upfront costs associated with EVs. Utilizing lightweight lithium-ion battery technology, SUN Mobility has developed a universal battery swapping system that is interoperable across various vehicle platforms. This technology addresses critical challenges in the EV market, such as high initial costs, range anxiety, and lengthy charging times. By implementing its services in over 18 cities, SUN Mobility aims to promote sustainable and scalable electric mobility solutions, making it easier for clients to transition to electric transportation.

VavaCars

Series B in 2021
VavaCars is a technology-driven platform focused on the buying and selling of used cars, designed to provide a transparent and hassle-free experience for customers. By utilizing proprietary pricing and inspection technology, VavaCars aims to make car ownership accessible and affordable. In addition to facilitating transactions, the company offers ancillary services such as financing, trade-in options, vehicle servicing, and extended warranties, creating a comprehensive solution for car ownership. This approach allows VavaCars to cater to a wide range of customer needs, enhancing convenience and satisfaction in the used car market.

Grupo Dislub Equador

Acquisition in 2019
Grupo Dislub Ecuador is a prominent player in the fuel market of Ecuador, with a notable presence across three of the country's five regions. The company possesses infrastructure that allows for the storage of over 210,000 cubic meters of fuel, facilitating its operations effectively. It serves a wide customer base, comprising 430 fuel service stations and an additional 2,000 clients, providing comprehensive energy distribution solutions across various fuel segments, including liquid, solid, and gaseous fuels.

VavaCars

Seed Round in 2019
VavaCars is a technology-driven platform focused on the buying and selling of used cars, designed to provide a transparent and hassle-free experience for customers. By utilizing proprietary pricing and inspection technology, VavaCars aims to make car ownership accessible and affordable. In addition to facilitating transactions, the company offers ancillary services such as financing, trade-in options, vehicle servicing, and extended warranties, creating a comprehensive solution for car ownership. This approach allows VavaCars to cater to a wide range of customer needs, enhancing convenience and satisfaction in the used car market.

Rodoil

Acquisition in 2018
Rodoil is a leader in fuel distribution in southern Brazil.

Noble Group - oil liquids business

Acquisition in 2017
Noble Group - oil liquids business provides oil market, trading crude and refined products.

Petrol Ofisi

Acquisition in 2017
Petrol Ofisi is a prominent Turkish oil company based in Istanbul, specializing in the supply and marketing of fuel products. The company operates nearly 2,000 petrol stations across Turkey and manages a comprehensive distribution network that includes one mineral oil factory, 11 fuel terminals, and three liquid petroleum gas (LPG) terminals, with a total storage capacity exceeding 1.17 million cubic meters. Petrol Ofisi is engaged in the production and blending of various lubricants and greases, along with the sale of refinery by-products. It caters to both public and private enterprises, as well as individual customers, by strategically stocking fuel and related products to meet diverse market demands throughout the country.

Hillsborough Resources

Acquisition in 2009
Hillsborough Resources Limited is a mining and metals company based in Vancouver, British Columbia. The company specializes in coal mining and operates the Quinsam underground thermal coal mine located in Campbell River. Through its operations, Hillsborough Resources focuses on the extraction and production of thermal coal, catering to various energy needs. The company is known for its commitment to efficient mining practices and aims to contribute to the local economy while adhering to regulatory standards in the industry.

Dubai MercantileExchange

Private Equity Round in 2008
Dubai Mercantile Exchange (DME) is a leading international energy futures and commodities exchange located in the Middle East. It specializes in the trading of energy-focused commodities and is recognized as the provider of the world's third crude oil benchmark. DME aims to facilitate fair and transparent price discovery while offering efficient risk management solutions. The exchange operates under the regulation of the U.S. Commodity Futures Trading Commission and is acknowledged by the Dubai Financial Services Authority. This regulatory framework enables DME to meet the increasing market demand for accurate pricing of sour crude oil intended for East of Suez markets.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.