AMSTERDAM: AltaGas Ltd.and Royal Vopak announced a positive final investment decision (FID) on the Ridley Island Energy Export Facility (REEF), a large-scale liquefied petroleum gas (LPG) and bulk liquids terminal with rail, logistics and marine infrastructure on Ridley Island, British Columbia, Canada. Following a five-year environmental preparation and review process, extensive engagement with multiple stakeholders…
All posts tagged Vopak
Vopak sells Rotterdam Chemical Terminals to Infracapital for EUR 407 million
AMSTERDAM: Vopak, a global leader in liquid bulk storage, has agreed to sell its three Rotterdam chemical terminals to Infracapital, a European infrastructure fund manager. The deal is worth EUR 407 million, with EUR 19.5 million subject to certain conditions. Vopak expects to receive around EUR 368 million in cash after deducting costs and debts.…
Vopak evaluates options for terminals in Australia
ROTTERDAM, NETHERLANDS: Royal Vopak is investigating the strategic options for its terminals in Australia, which may include continued operations or divestment. As the outcome of this process is currently unknown, no further details are disclosed. Vopak has a strategy in which the majority of its growth investments will be allocated towards industrial, chemicals, gas and…