skip to Main Content

Press

Evos is pleased to release its first Sustainability Report

The report covers our 2020 sustainability performance results and other related Evos Group achievements. It also outlines our sustainability ambition and focus areas for the coming years.

Evos operates a leading bulk liquid storage platform with a presence in key European ports. The company was established in 2019 and operated four terminals for the storage of energy products and chemicals for a variety of sectors in 2020.

For Evos sustainability means being and remaining a relevant and responsible business partner. A business partner that provides logistic services that enable essential product flows in a responsible way – now and in the future. We work on this every day with our employees, contractors and business partners.

Safety is a key priority and a responsibility of everyone at Evos. Other main objectives are CO2 emission reduction, an increased use of renewable energy at our terminals, and contributing to the development of new, low-carbon energy products.

The report covers the results of the four terminals managed by Evos in 2020: Algeciras, Amsterdam West, Hamburg and Rotterdam. On 1 November 2021 Evos acquired 100% ownership of four new terminals: Amsterdam East, Terneuzen, Ghent and Malta. Reporting of results for these newly acquired terminals will be added to future consolidated reporting.

EVOS REFINANCES AND EXTENDS DEBT FACILITIES TO SUPPORT THE GROWTH AND DEVELOPMENT OF THE GROUP 

Amsterdam, 29 October 2021

Evos (through Evos Finance B.V.) is pleased to announce that it has successfully refinanced its outstanding debt facilities and extended these facilities to acquire 100% ownership of terminals in Amsterdam, Terneuzen, Ghent and Malta from Oiltanking GmbH and 3i Infrastructure plc. Evos is owned by investment funds managed by First Sentier Investors. 

The new debt facilities amount to in total EUR 1,295 million and is a mix of new bank facilities, private placement issuances and guarantee facilities. The facilities replace the acquisition financings that were implemented when the group was formed in 2019 and extend the weighted average maturity profile of the debt. 

The debt facilities have been increased to provide the company with greater financial flexibility to further pursue its growth agenda, starting with the purchase of 100% ownership of the terminals in Amsterdam, Terneuzen, Ghent and Malta that was announced on 23 September 2021 and completed today following the relevant approvals by third parties. 

The financing includes a sustainability-linked loan and note with pricing dependent against the performance of Evos on its ESG metrics. 

Alex Nassuphis, Director First Sentier Investors and member of the Evos Supervisory Board, said “This transaction marks a significant step for Evos and provides an excellent opportunity for the business to continue its strong growth and development. The increased scale of the platform will further improve the service offering and will facilitate the pursuit of energy transition opportunities. Furthermore, the establishment of a sustainability linked financing aligns with First Sentier’s strategic objectives to contribute across its portfolio to the UN Sustainable Development Goals. 

 Koert Schouten, CFO of Evos, said “We are really happy with the successful refinancing and acquisition of the terminals in Amsterdam, Terneuzen, Ghent and Malta. We have implemented a stable funding base that allows the business to grow and invest in its future. In addition we have built long-term relationships with our lending group who support the business and our sustainability goals”. 

About Evos

Evos is an independent liquid bulk storage company, which operates a network of state-of-the-art tank terminals in Europe with a combined storage capacity of 6.2 million cbm. The terminals are located in the Netherlands (Amsterdam (2x), Rotterdam. Terneuzen), Belgium (Ghent), Germany (Hamburg), Malta and Spain (Algeciras). Evos was founded in 2019 and is owned by investment funds managed by First Sentier Investors, a long-term oriented infrastructure asset manager. Evos has a total headcount of 720 employees. 

About First Sentier Investors

First Sentier Investors manages more than USD 180 billion in assets (as at 30 June 2021) on behalf of institutional investors, pension funds, wholesale distributors, investment platforms, financial advisers and their clients worldwide. The firm operates as a standalone global investment management business with offices across Europe, the Americas, and Asia Pacific. First Sentier Investors’ expertise spans a range of asset classes and specialist investment sectors focused on delivering sustainable investment success based on responsible investment principles. 

For media enquiries, please contact:
Franci Wessels
Evos Communication manager
communication@evos.eu

EVOS PURCHASES FULL OWNERSHIP OF LIQUID BULK STORAGE TERMINALS IN FOUR KEY EUROPEAN HUBS

Amsterdam, 23 September 2021

Evos is pleased to announce that it has entered into a binding agreement with Oiltanking GmbH and 3i Infrastructure plc to purchase through its entity Evos Finance B.V. 100% ownership of their terminals in Amsterdam, Terneuzen, Ghent and Malta.

This agreement is in line with Evos’ vision and First Sentier Investors´ long-term infrastructure investment philosophy to create a leading tank storage platform with presence in the key European liquid bulk hubs. The acquisition will be funded through a capital increase at Evos by First Sentier Investors and additional debt financing.

Marcus Ayre, Head of Infrastructure Investments Europe of First Sentier Investors said “We are delighted to have reached an agreement on the acquisition of the terminals in Amsterdam, Terneuzen, Ghent and Malta. This diversified portfolio of world-class liquid bulk storage terminals provides an excellent fit with First Sentier’s existing platform, Evos, and with our long-term infrastructure investment philosophy. We look forward to working with the incumbent management team and employees to continue to develop and grow the combined business.”

Koert Schouten, CFO of Evos, said “We welcome the terminals in Amsterdam, Terneuzen, Ghent and Malta to our platform. Evos will now have a total capacity of 6.2 million cbm across its 8 terminals for the storage of oil products, chemicals, and renewable fuels. We will continue our drive for safety and service excellence. Our increased scale will enable us to provide an even better service offering to our customers and will facilitate the pursuit of energy transition opportunities, together with our customers, in line with our ambition to be a frontrunner in new sustainable energy products.”

The sale is subject to customary closing conditions. Completion of the transaction is expected to occur in Q4 2021.

About Evos

Evos is an independent liquid bulk storage company, which operates a network of state-of-the-art tank terminals in Europe with a combined storage capacity of 2.5 million cbm. The terminals are located in the Netherlands (Amsterdam, Rotterdam), Germany (Hamburg) and Spain (Algeciras). Evos was founded in 2019 and is owned by investment funds managed by First Sentier Investors, a long-term oriented infrastructure asset manager. Evos has a total headcount of 350 employees.

About First Sentier Investors

First Sentier Investors manages more than USD 180 billion in assets (as at 30 June 2021) on behalf of institutional investors, pension funds, wholesale distributors, investment platforms, financial advisers and their clients worldwide. The firm operates as a standalone global investment management business with offices across Europe, the Americas, and Asia Pacific. First Sentier Investors’ expertise spans a range of asset classes and specialist investment sectors focused on delivering sustainable investment success based on responsible investment principles.

For media enquiries, please contact:
Franci Wessels
Evos Communication manager
communication@evos.eu

 Amsterdam, 22 July 2021 

3i Infrastructure plc, Oiltanking GmbH and Evos (the “Company”) through Evos Finance B.V. intend to enter into an agreement for the sale and purchase of Oiltanking GmbH’s 55% stakes and the 45% stakes held by affiliates of 3i Infrastructure in the terminals in Amsterdam, Terneuzen, Ghent and Malta. Entering into a sale and purchase agreement is subject to the applicable Dutch and Belgian employee consultation procedures. 

This intended agreement is in line with Evos’ vision and First Sentier´s long term infrastructure investment philosophy to create a leading tank storage platform with presence in the key European liquid bulk hubs. The acquisition would be funded through a capital increase at Evos by First Sentier and additional debt financing. 

The Company will make a further announcement in due course. 

About Evos 

Evos is an independent liquid bulk storage company, which operates a network of state-of-the-art tank terminals in Europe with a combined storage capacity of 2.5 million cbm. The terminals are located in the Netherlands (Amsterdam, Rotterdam), Germany (Hamburg) and Spain (Algeciras). Evos was founded in 2019 and is owned by investment funds managed by First Sentier Investors, a long-term oriented infrastructure asset manager. Evos has a total headcount of 350 employees. 

About First Sentier Investors 

First Sentier Investors manages more than USD 180.3 billion in assets (as at 31 st March 2021) on behalf of institutional investors, pension funds, wholesale distributors, investment platforms, financial advisers and their clients worldwide. The firm operates as a standalone global investment management business with offices across Europe, the Americas, and Asia Pacific. First Sentier Investors’ expertise spans a range of asset classes and specialist investment sectors focused on delivering sustainable investment success based on responsible investment principles. 

Hamburg tank terminal invests in additional rail loading station: Evos increases loading capacity by more than 40% by opening new railcar station

Hamburg, 01 July 2021

The Hamburg based affiliate of the European tank storage company Evos officially commissions its new railcar station on 1st July. The station is located on its “Hohe Schaar” site in the Wihelmsburg part of the port of Hamburg. This new loading station consists of a new railway siding as well as new railway connections, totalling 850m. Evos has invested around 22 Mio. € into the new rail station. The terminal, established in Hamburg-Wilhelmsburg in 1953, offers 149 tanks and a total capacity of 670,000 cbm for various liquid oil and chemical products. 

 

The new railcar station will not only increase the existing loading capacity for middle distillates by more than 40%, it also offers various technological innovations, e. g. the newest pump technology as well as the possibility of loading two tank cars simultaneously, which will also allow for considerably increased time savings for the loading of railcars. The state-of-the art station also benefits from innovative bio-blending applications which increasingly gain in importance: bio-fuels/liquids can now be injected directly during the loading of the railcars whereas previously the blend needed to be mixed up in a tank before loading.

In addition, the new station will also improve the terminal’s carbon footprint: necessary railcar manoeuvring on the terminal will now be handled by a cable pull system. The regular use and the continuous availability of diesel-fuelled manoeuvring railway locomotives respectively will not be necessary anymore. As a result, diesel fuel with a CO2 equivalent of 200t/year is saved which reduces CO2 emissions by around 50% for this section on the terminal. Improving energy efficiency is the project’s overall focus, demonstrated by numerous technical innovations, e. g. comprehensive LED lighting of the entire station area.

The new loading station connects the entire storage and handling infrastructure for diesel products on the “Hohe Schaar” site as well as connects another jetty for sea-going vessel and barges with a total capacity of 70,000 dwt to the infrastructure of Evos Hamburg.

Ulfert Cornelius, Managing Director of Evos Hamburg, stresses:

“We demonstrate with our new railcar loading station that Evos Hamburg continuously develops its service offering according to the requirements of the market and our customers. The new station – and the resulting increased terminal capacity – provide existing and future clients our established outstanding level of service provision and market-leading standards in safety, sustainability, and efficiency yet again.”

He adds:

“We have invested in our terminal in the port of Hamburg because we are convinced that we will need liquid goods and therefore storage terminals if we want to successfully implement the energy and mobility transition. In fact, we cannot just count on electrification if we want to reach our ambitious climate protection goals but need to include climate-neutral, liquid fuels and all available technologies to do so. Evos believes in the port of Hamburg as a key energy hub for the import of green energy sources and fuels.”

About Evos:
Evos Hamburg has 149 tanks with a storage capacity of 670,000 cbm to load and unload ships, railcars and trucks for supplying the Hamburg area and central Europe as well as the surrounding industrial facilities.

The client portfolio includes all major oil and chemical companies, the German Mittelstand and smaller, local companies with local production facilities. In addition, Evos Hamburg offers storage facilities that can be used for the import of important crude materials or oil products that are not sufficiently produced in Germany, e. g. diesel. These facilities can also be used for the export of German products to other markets. Evos Hamburg plays a vital role in supplying the Central European market with heating oil, gasoil, diesel and other oil products as well as in supplying Europe’s biggest production facilities for industrial lubricants in Hamburg. Evos Hamburg is also a key supplier of marine fuels to ships in the port. Given its numerous service offerings the terminal of Evos Hamburg is highly relevant to various operations in the port of Hamburg.

The terminal was known as Vopak Dupeg until October 2019 when it was sold to the global asset managing company, First Sentier Investors.

Contact:

Sabrina Pawlewicz

Commercial Manager DPP & Special Products

Evos Hamburg

Mobil: +49 172 4528138

 

H2Gate: towards transhipment of 1 million tons of green hydrogen in the Amsterdam port

Port of Amsterdam and tank storage company Evos aim to import large volumes of green hydrogen into the Amsterdam port. Over the next six months, they, together with three specialised hydrogen companies, will investigate the feasibility of large scale imports, drawing up a blueprint and outlining a roadmap towards 2030 and beyond.

Port of Amsterdam, Evos, Electriq Global, Hydrogenious and Hysilabs have joined forces to investigate the technical and commercial feasibility of importing and storing hydrogen on an industrial scale. This initiative is dubbed H2Gate. The parties are jointly working on a blueprint for an import, storage, distribution and trading hub, consisting of facilities with a total throughput capacity of 1 million tonnes of hydrogen per year.

Good starting position

The five parties expect hydrogen to play a central role in the transition to a sustainable energy system. This transition is necessary if we are to meet the European target of becoming climate-neutral by 2050.

The Amsterdam port area is well positioned to play an important role in this transition. For decades, the port has been a leading international hub for the trade in energy products. There are many initiatives underway in the region to develop a green hydrogen cluster, including production facilities. The H2Gate partners share the vision that alongside local production of hydrogen, imports are needed to meet future demand in Europe.

Building an international supply chain

Moving to overcome the challenges with transporting and storing compressed and cooled hydrogen, the H2Gate project is exploring several hydrogen carrier technologies in parallel, also to determine potential energetic and operational synergies between them. Subsequent studies into design and realization, including pilots, are conceivable.

As such the H2Gate project is an important step towards the realisation of an international supply chain for hydrogen on a commercial scale. Depending on the availability of green hydrogen worldwide and the growth of demand in Europe, such supply chains are expected to scale up towards the end of this decade.

According to Ramon Ernst, Managing Director of Evos Amsterdam, ‘This project fits perfectly with our ambition to develop infrastructure solutions for a carbon-free energy future. The expertise of Evos lies in the storage and handling of large quantities of energy products and we would like to expand our portfolio with new clean forms. We are pleased to be able to work with capable and motivated partners towards a shared vision.’

Eduard de Visser, Head of Strategy and Innovation at Port of Amsterdam, shares this view, ‘As the Port of Amsterdam, we want to be at the forefront of the energy transition. Our established position as a formidable, international energy hub means we have the infrastructure, the partners and the knowledge and experience to be a catalyst for new, sustainable energy products. We are proud to work with Evos and other partners on H2Gate. It shows how innovative and enterprising the Amsterdam port is.’

Amsterdam port area (Photocredits Henk Honing)