Impala Terminals Group (“Impala Terminals” or “the Company”), a global infrastructure and logistics company, is pleased to announce it has agreed to purchase the HES Hartel Tank Terminal asset located at the Port of Rotterdam following an auction process, with the transaction expected to complete in the coming days.

The HES Hartel Tank Terminal, which will be called Impala Energy Infrastructure Netherlands, is now set to become a major facility for the region, providing approximately 1.3 million cubic metres of storage capacity for bulk liquid energy products and strengthening the port’s role as a key strategic hub for the international trade of essential commodities.

As part of the purchase, Impala will provide additional investment of between EUR 90-100 million over the next two years to complete the terminal’s construction. Once operating, the terminal should create up to 70 full time local jobs. It is expected to include over 50 tanks, berths capable of loading up to VLCC-size vessels and nine barge jetties. The high specification and connectivity of the terminal will provide maximum flexibility for the users of the facility. Importantly, the terminal will be capable of storing a variety of biofuel products, helping to facilitate the energy transition for the region.

Construction of this state-of-the-art storage and distribution terminal was put on hold in December 2022 following a number of setbacks including the COVID-19 pandemic, other delays and additional costs. In January this year the project owner, HES Hartel Tank Terminal B.V. was declared insolvent and an auction process commenced.

“I am pleased to announce that the sale process for the terminal asset will conclude next week and that Impala Energy Infrastructure Netherlands is the purchaser of the asset. This is a good outcome for all parties involved and most importantly, Impala will make the necessary investment to complete and commission this important asset in the Port of Rotterdam,” said Carl Hamm, Curator for the auction process.

“This is an excellent development for Impala, particularly as it will provide our strategic customers with a strong and sustainable asset located within the Port of Rotterdam in the major trading hub of ARA. We look forward to developing our business in the region in collaboration with different stakeholders and specifically the Port of Rotterdam Authority,” said Sjoerd Bazen, CEO of Impala Energy Infrastructure.

“The Port Authority Rotterdam is pleased that Impala has purchased the terminal asset and that construction work will be completed. With this transaction, the company is making a lasting commitment to the port and is adding a brand-new facility for storing a wide range of bulk liquid energy products. This provides a new future for the terminal after a bankruptcy that has been difficult for all parties concerned, particularly the employees,” said Boudewijn Siemons, interim CEO and COO of the Port of Rotterdam Authority.

ENDS

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About Impala Terminals Group

Impala Terminals Group facilitates the global trade of commodities by offering producers and consumers reliable and efficient access to international markets. Through its network of more than 45 strategically located assets and operations in 29 countries, Impala Terminals provides critical storage and logistics infrastructure services to energy and dry bulk customers around the world. The company manages two global businesses – Impala Terminals Energy Infrastructure and Impala Terminals Dry Bulk & Logistics.

For further information visit: www.impalaterminals.com