This carefully considered partnership represents the coming together of two respected, values led businesses with deep roots in the Scottish energy sector.
The decision by the Carnegie family to entrust Highland Fuels with the future of the business follows an extensive sale process. Highland Fuels was selected as the preferred partner due to a strong cultural alignment, shared ethos, and a long-standing reputation for service excellence and community focus.
Founded in 1957, Carnegie Fuels has built a legacy of reliability, trust, and local service; qualities that strongly reflect Highland Fuels’ own values as a customer-centric and employee-focused company. As part of this transaction, Carnegie Fuels will continue to operate under its established name and management structure, with Ryan Carnegie appointed as Director and Kevin and Rosie Carnegie supporting a smooth transition.
“This is a very positive step for both businesses and for the communities we serve,” said Stephen Rhodes, Managing Director at Highland Fuels. “We’re honoured to be continuing the Carnegie legacy and welcoming the team into the Highland Fuels family. This partnership is built on shared values and a commitment to long-term success.”
One of the defining features of this transaction is the long-term security it brings to the employees of Carnegie Fuels, who will become part of an employee-owned organisation. As beneficiaries of the Highland Fuels Employee Trust, Carnegie Fuels staff will have the opportunity to directly contribute to, and benefit from, the ongoing success of the expanded business.
This transaction lays a strong foundation for operational continuity and sustainable growth, delivered with a focus on people, communities, and service excellence. Highland Fuels and Carnegie Fuels share a deep-rooted commitment to professionalism, integrity, and reliability. By uniting the strengths of Highland Fuels and Carnegie Fuels, customers can be confident in a trusted energy partner that is well equipped to meet Scotland’s evolving energy needs - today and into the future.
