Global Energy Storage Group has sold its Rotterdam terminal to Tepsa, allowing the company to refocus on growth opportunities in Asia, notably at its Port Klang terminal in Malaysia.

Information on the Target

Global Energy Storage Group (GES) has finalized the sale of its terminal located in the Port of Rotterdam, previously managed through GES Netherlands B.V. The terminal boasts a storage capacity of 212,000 m³ and encompasses approximately 18 hectares of development land situated in the Europoort area. This strategic sale has been conducted in favor of Tepsa, a prominent European operator specialized in bulk liquid and gas storage.

This transaction signifies GES's decisive exit from the Dutch market, allowing the company to refocus its investments towards the rapidly expanding Asian market, with a particular emphasis on its flagship terminal in Port Klang, Malaysia.

Industry Overview in the Netherlands

The storage industry in the Netherlands is characterized by its strategic geographic location, acting as a critical logistics hub for Europe. The Port of Rotterdam, in particular, is recognized as the largest port in Europe, facilitating extensive t