Moya Fuel Station Network Acquired by New Investors

The Polish fuel station network Moya is set to change hands, with Stonepeak and Energy Equation Partners acquiring a significant stake through a newly formed European joint venture. The agreement was signed by shareholders of Anwim, the company that owns Moya, signaling a new chapter for the third-largest fuel station operator in Poland.

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Securing strong partners who perfectly understand the specifics of our industry opens up another stage of development for us and creates new opportunities to further strengthen the market position of the Moya brand.

The transaction marks the conclusion of Anwim's collaboration with the private equity fund Polish Enterprise Fund VIII, managed by Enterprise Investors, which began in 2018. The deal is anticipated to be finalized in the latter half of 2026, pending the fulfillment of standard closing conditions and regulatory approvals.

Anwim plans to leverage the financial backing and international expertise of its new investors to pursue ambitious growth strategies. These include expanding the Moya network with the goal of becoming the second-largest player in the Polish retail market. The company also intends to further develop its fleet business across Europe and invest in electromobility.

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Poland remains a market characterized by stable, long-term demand for fuels, and Anwim is excellently prepared to meet these needs thanks to its diversified offering, extensive network, and high-quality infrastructure.

Stonepeak, a global investor in infrastructure and real assets, and Energy Equation Partners, a fund focused on energy companies, bring considerable experience to the venture. Both entities recently acquired a 65% stake in the JET fuel station network in Germany and Austria. Anwim CEO Rafał Pietrasina expressed optimism, stating that the new partners will open "another stage of development" and create opportunities to strengthen Moya's market position. Stonepeak's Anthony Borreca highlighted Poland's stable fuel demand, while Energy Equation Partners' Sari Haidar sees potential for building a leading multi-energy platform in Europe.

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We see great potential in Anwim and the opportunity to build a leading, independent multi-energy platform in Europe.