Stoneshield Capital has announced that it has signed an agreement to acquire a 15 percent stake in Exolum from OMERS, building on its existing investment in the company since January 2026. The remaining 10 percent of OMERS nearly 25 percent stake is separately being acquired by a global investment firm with more than $100 billion in assets under management. OMERS, together with its investment partners, has been invested in Exolum since 2016. Terms of the transactions are not being disclosed.
Exolum is a Spanish-headquartered global energy logistics company specializing in the transportation, storage and distribution of refined products, bulk liquids and aviation fuels, while playing an increasingly important role in supporting the energy transition. Exolum owns a 4,000-kilometer transmission pipeline network in Spain and operates a further 2,000-kilometer pipeline network in the United Kingdom.
The company also owns 68 storage terminals with more than 11 million cubic
