Independent infrastructure manager Whitehelm Capital has agreed to acquire 90 percent of the shares in Vopak Terminal Eemshaven on behalf of a group of pension funds. Vopak Terminal Eemshaven is a joint venture terminal in The Netherlands between Vopak, the world’s leading independent tank storage company, and NIBC European Infrastructure Fund I C.V. Vopak will retain 10 percent of the shares.
Vopak Terminal Eemshaven provides services for the storage of strategic reserves of liquid oil products, such as gasoil and gasoline. The terminal comprises 11 tanks with a total storage capacity of 684,025 cubic meters, and has a deep-water jetty for seagoing vessels. This financial ownership transaction will not have any impact on the terminal operations or name of the terminal. Vopak will continue to manage and operate the terminal in accordance with its global standards.
The investment in Vopak Terminal Eemshaven is consistent with Whitehelm’s approach of investing in hig
