Global Energy Storage buys part of Gunvor’s Stargate Terminal assets in Rotterdam
In the Netherlands, Global Energy Storage announced its first major investment at Europoort in the Port of Rotterdam by buying an interest in part of the assets of the Stargate Terminal from Gunvor Group and will develop more than 20 hectares at the heart of the port. The deal has been formally approved by the Port of Rotterdam Authority.
The site includes a significant waterfront with deep water access, brownfield development opportunities and potential greenfield development sites. Gunvor will be a long-term partner of GES at the Port of Rotterdam.
Gunvor also recently announced that its Rotterdam facility will supply to material science company Dow cracker-ready feedstock, which will be used to produce circular plastics.
GES’ ambitious plans include the development of a new multi-purpose seagoing jetty, as well as developing infrastructure for:
• Consolidation of biofuel storage
• Storage for renewable fuels
• Gas storage
• Gas to chemicals production
• Green and blue hydrogen
• Hydrogen carriers such as ammonia
Category: Fuels
