Impala Terminals Group, a global infrastructure and logistics company, has announced its acquisition of the HES Hartel Tank Terminal through an auction process. The terminal will be renamed ‘Impala Energy Infrastructure Netherlands’. As part of the purchase agreement, Impala will invest between 90 and 100 million euros over the next two years to complete the construction of the terminal. The transaction is expected to be finalised in the coming days.
The HES Hartel Tank Terminal, now under Impala’s ownership, offers approximately 1.3 million cubic meters of storage capacity for bulk liquid energy products. Once operations commence, the terminal is projected to create around 70 full-time local jobs.
The facility will include over 50 tanks, berths capable of accommodating VLCC-size vessels, and nine barge jetties. With its high-grade specifications and connectivity, the terminal will provide maximum flexibility for users. Notably, it will have the capacity to store various biofuel products, contributing to the region’s energy transition.
The construction of the terminal had been put on hold in December 2022 due to multiple setbacks, including the COVID-19 pandemic, delays, and additional costs. Following the insolvency of project owner HES Hartel Tank Terminal B.V. in January, an auction process took place.
Impala’s successful acquisition of the terminal asset marks a positive outcome for all parties involved. In particular, Impala will invest the necessary resources to complete and commission the terminal, further strengthening its presence in the Port of Rotterdam.
Sjoerd Bazen, CEO of Impala Energy Infrastructure, expressed enthusiasm about the acquisition, as it will provide strategic customers with a robust and sustainable asset in the Port of Rotterdam, a pivotal trading hub in the Amsterdam-Rotterdam-Antwerp region. Impala looks forward to collaborating with various stakeholders, particularly the Port of Rotterdam Authority, to develop its business in the area.
Boudewijn Siemons, interim CEO and COO of the Port of Rotterdam Authority, congratulated Impala on its acquisition of this significant facility for essential commodities in the port. Siemons emphasised the importance of completing the construction work, stating that it represents a lasting commitment to the port and adds a new facility for storing various bulk liquid energy products. This acquisition paves the way for a new future for the terminal following a challenging bankruptcy process, benefiting all parties involved, especially the employees.
For more information visit www.portofrotterdam.com/en
