Cable Energia
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Cable Energía, founded in Seville in 2018 by engineers Ignacio López and Jesús Nieto, is an electric-mobility infrastructure company building a network of fast-charging stations across Spain and Portugal. As a charge-point operator it owns and operates the Shell Recharge network outside Shell's service stations on the Iberian Peninsula. Grupo Cuerva took a 51% stake in 2021, Shell acquired 100% in July 2022, and in April 2025 Shell completed the sale of Cable Energía to Acciona Energía, which now operates its 396 charging points.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Company founded
Ignacio López and Jesús Nieto found Cable Energía in Seville to build an Iberian EV fast-charging network.
- Acquisition
Grupo Cuerva acquires 51% of Cable Energía in April 2021.
- Acquisition
Shell España acquires 100% of Cable Energía in July 2022, folding it into Shell's Mobility business.
- Acquisition
Shell completes the sale of Cable Energía to Acciona Energía in April 2025.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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