Global Energy Storage Group (GES) has announced the completion of the sale of its Rotterdam terminal to Tepsa, a European operator specializing in bulk liquid and gas storage. The facility, located in the Europoort area of the Port of Rotterdam, includes 212,000 cubic meters of tank storage and around 18 hectares of development land.
The sale marks a strategic move for GES, which is shifting its focus toward expanding operations in Asia. The company highlighted its terminal in Port Klang, Malaysia, as the central hub of its growth plans in the region, where demand for storage of chemicals, biofuels, and emerging energy products continues to accelerate.
“This was the right time to realise value from our Rotterdam asset,” said GES CEO Peter Vucins. “Our attention is now fully on Asia, and Port Klang is at the core of that vision. We’re grateful to our Rotterdam team and customers for maintaining a safe and reliable operation throughout our tenure.”
The sale also signifies GES’s exit from the Dutch market, with no remaining assets in the Netherlands. Backed by investors Bluewater and White Deer, the company continues to target long-term development in fast-growing energy hubs across Asia.
