Spanish transmission system operator Enagás has been chosen by Hanseatic Energy Hub GmbH (HEH) as its industrial partner for the operation of the terminal at the Stade industrial park in the city of Stade, Germany.
The company will also take a 10% stake in the project, joining founding shareholder the Hamburg-based Buss Group along with the Partners Group and industrial partner Dow.
According to Enagás, the previous minority shareholder Fluxys will sell its shares due to a strategic refocusing. The existing parties have agreed not to disclose the precise terms of the agreements until the final investment decision (FID) is taken throughout 2023.
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