JET retail network

company 1 Deal 6 Partners

JET retail network is a brand of over 1,000 fuel stations across the UK, Germany, Austria, Denmark, Norway, and Sweden, owned and operated by Phillips 66. The network provides fuel and convenience services for road transport, with a growing focus on EV charging solutions.

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Founded 1954 1,000 employees Parent: Phillips 66

Fuel Station OperatorOperatorDeveloper

Strategic Overview

Modernization of existing fuel station network to include convenience stores and enhanced services.
Strategic expansion into electric vehicle charging infrastructure under the 'JET Charge' brand.
As a brand of Phillips 66, its strategic direction is aligned with the parent company's broader energy transition and downstream asset management strategies.

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Deal History (1)

Ara Energy to acquire Gate City Power, Gate City Renewable Fuels, and interest in JET retail network for $875M

Seller Gas US Mar 11, 2026 USD875M

Investment Focus

Technologies

Gas1

Geography

US1

Key People

Sarah L. Kelly

Managing Director, Phillips 66 Limited

Track Record

Years Active

Notable projects: Rollout of JET Charge EV charging points across the network

Detailed Analysis

Sectors

TransportEnergy Transition

Technologies

Road Transport Fuel InfrastructureEV Charging

Geographies

UKGermanyAustriaDenmarkNorwaySweden

Deal Stage

OperatingBrownfieldGreenfield

Subsidiaries

Phillips 66 Limited (UK)

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