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Moeve announces strategic partnership with Hy24 and COFIDES for the Onuba project.

Sep 18, 2026•about 4 hours ago

Contract Type

partnership

MadridEnergyOil And GasRenewable EnergyBiomass Energy

Description

Moeve has welcomed Hy24 and COFIDES as new strategic partners, acquiring a 29% stake in the Onuba project. This initiative is part of the Andalusian Green Hydrogen Valley, aiming to enhance decarbonization and energy autonomy in Europe.

Company Information

Company

Moeve (formerly CESPA)

Location

Madrid, Community Of Madrid, Spain

About

Moeve is an integrated energy firm focusing on sustainable activities and transitioning to greener energy solutions. The company aims to generate more than 50% of its EBITDA from sustainable initiatives, such as green hydrogen and second-generation biofuels. Moeve has divested a significant portion of its oil production assets to align with its 2030 strategy for sustainable growth.

Predictive Intelligence
Strategic

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

Moeve (formerly CESPA) signed a new agreement. Fundz surfaces partnerships and contracts as they are announced.

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