Greenergy has signed agreements to supply a further three sites owned by Top 50 Indie Penny Petroleum, taking the number of Penny Petroleum sites supplied by Greenergy to seven. All of these sites are Esso-branded.
Two of the sites, at Sadberge on the A66 between Darlington and Stockton-on-Tees and in central Falkirk, were closed before their acquisition by Penny Petroleum. The Sadberge site opened on February 6 with Falkirk following on February 10. A third, in Stockton-on-Tees, will be moving to the Esso brand during this month.
Penny Petroleum is ranked eighth in the Forecourt Trader Top 50 Indies with 40 sites in Scotland and northern England.
David Penny, owner of Penny Petroleum, has a track record of buying closed forecourts and re-opening them as successful sites. He said: "The model is working well for us. As an example, we opened our Kip Hill site in September 2016 with Esso branding and fuel supply from Greenergy, and that’s gone from a standing start to pro-rata sales of more than 5mlpa.
"Greenergy is an extremely competitive supplier and, with fuel storage at three terminals on Teesside, has offered us unparalleled security of supply. Greenergy’s service levels, combined with their attractive pricing, Esso-branding and the Tesco Clubcard offer, makes their offer a compelling one."