Bulk Distributor May/Jun 18 - Page 18

18 B ULK D ISTRIBUTOR Ports & Storage May/June 2018 Macquarie, Goldman to buy HES D utch terminals group HES International is set for new ownership. Macquarie European Infrastructure Fund 5, which is managed by Macquarie Infrastructure and Real Assets (MIRA), and West Street Infrastructure Partners III (WSIP), which is managed by the Merchant Banking Division of Goldman Sachs, have reached an agreement in principle to buy HES from the current owners, Riverstone Holdings LLC and The Carlyle Group. Capital for the original investment by Riverstone and Carlyle came from two funds: Riverstone/Carlyle Global Energy & Power Fund IV, and Carlyle International Energy Partners (CIEP). HES owns a number of liquid and d ''VƲFW&֖27Fǒ&GFW&FBV6WvW&RFRWFW&G2'WB6vW&g&6R&VvVBBFRTrFR6( 276WG22&FVFFW&֖&GFW&FFR6vrFFR67VFF2vFFR&VWfBv&26V62FRf6FW&2bFPG&67FvW&RBF666VBB6WFv&V7V&V7BFVvBFG'W7B&f2VFW"&fW'7F^( 2B6&ǖ^( 2vW'6FRU2vVVBFV2&VVVVFr(*s֖ƖG&6f&FBw&wF7G&FVw6VFrFR&V6VBf6fW7FVBFV66FP'FV7G&W6&V7BF7F&vRfW7FVG26VFR7&V6r66GbFR&FVFW&֖g&#6&FfW"c#6&'#BFR67G'V7FbFR'FVF氧FW&֖vƆV6fVvW&U2&WW'6VBf&W"&VfW'F6W&6FFW&֖B27W'&VFǒ&W&rF&W7F'B'BbFR&'F7FF&6W76r66GVFW"FƖpw&VVVBFW6RfW7FVG2&R&6VBrFW&6G&7G2BFvWFW"FW&RWV7FVBFG&RW&FƗVB'VƲ66GF2"֖Ɩ6&ऄU24TfvV6C( vFFR7W'Bb&fW'7FRB6&ǖRvRfR&V6RRbWW&^( 07B7V66W76gVFWVFVB'VƲFƖr6W2&fFr&GV7G2B6W'f6W2FW"7W7FW'0B6FW27&72VvB6VG&W2fW"FR7B2RV'2vRfRVVFVBf7W6VB7G&FVwF@W2FW6RbW"&R&VW7FFRWW&^( 2W'G2Bw2W2FFW7BfW&ǒFgWGW&P6vW2B'GVFW2FBVW&wG&6Fv'&rFW"6V7F"vRfR6'VB7G&pVƖRbFFFw&wF&V7G2f"&FW"ƗVB'VƲBG''VƲ'W6W76W2F7W'BW 7G&r6FV6bW"6&R'W6W76W2vR&R6fFVBԕ$Bu4v&R7G&rpFW&'FW'2f"W"6FVVBgWGW&Rw&wFB6FVVBFW&FW6( Ф&W7BWfW"V'FW"f GvW' VvV( 2'BbGvW'WW&V6VBW6VVBf'7BV'FW"vFg&Vv@fVRbS3#csFW27&V6R`rW&6VBFR6RW&B7BV"FRFFfVR&6R6Rg&g&Vv@6FVv&W2vFFRW6WFb6fVF'&V'VƲFRG&fW"vWfW"v06FW"g&VvBv6VVBfW'7G&pw&wFbRW&6VB6&VBvFFRf'7@F&VRF2b#r6FW"fVW2&6R'RW&6VBF3"P֖ƖFW2""r֖ƖDURWpW&6VBf7BFRFb&6R6WBWr&V6&Bf"6FW"fVW2vFDURFW&Rv2w&wF6Ɩr&WFW2&Ff 'G2Bf"W'G2&w&W72FR'WW&V6FW"g&VvBv2FR7BF&RWFr'BRW&6VBF2v2F2'FǐFFR&V6fW'G&6VB66vVG0v6FVBFV&&ǒ7BV"&V6W6Rb6'FvRbF6&W"6FW"G&FRvF'FW&6f"G2'Bv2W'BrW&6V@6&VBvFFR6RW&B7BV"FVvFRf'7BV'FW"b#rF26V7F"v2&FW vV6&WFW2FW&Rv2w&wFbpW&6VB( ĖFR7W'&VB66FV&FRFRV6W76'FFF6FW"FƖr66GF77W&PFRgWGW&Rb'BbGvW'BG26RFPv&GvFR7Wǒ6FRVFW&ǖp77VF2w&wF&FRb2RW&6VBV"( 7FFVB'BWF&G4T7VW0fFW&V&V( FR7W'&VBw&wFfwW&W2bPU2v2V&W"bƗVBBG''VƲFW&֖2WW&P6FW"g&VvBGvW'VVB7G&rw&wF5deEErFB#RR#r#CW&6VB6FW'2Bǒ6f&2FRVV@f"FFF66G'WB6W2B6V"F@FRW&F66GƖ֗Bv6&PW6VVFVBBFBW66FW FƖr66Gv&V6RV6W76'V66W"F&vǒVB( ФƗVB'VƲWW&V6VB7&V6RbB`W&6VBFR֖ƖFW2FR7G&vW7@w&wFv2WW&V6VB'6V֖62Wb〧W&6VB'WBFW&fFfW22FR&vW7B6VvV@6W&f&VBvV6R&RWBbW&6VBFW6Rw&wFfwW&W26RvV66PGvW'( 26Ff"WW&VF7G&'WFvFFRVVw&wFF7F&vRBFPvVW&6fFV6RG26V֖6bWG&6V֖66W7FW"rBFRv&ƗF6BV6֖06FWBFR'BFVBFBW'G2FFRU0WW&V6VB7G&rw&wF6V7F'2GW&pFRf'7BV'FW"bF2V"FWfVVG2FP7FVVG&FRvW&R'FǒGVRFFRF&VBb'@F&fg2&Vr6VBWW&V&GV7G2'W@'Bg&7FVVF2w&wFv2G&fV&fR'6'&6R6V֖6W'G2FR7Bb'&WBTfVW26f &V2Ɩ֗FVB2FRf'7BV'FW"66VBvFw&wFbBW&6VB&&&ǒGVRFFRvVW VB&RFB2BFRT&V2FRF&@&vW7BG&Fr'FW"f"FR'BFR'@WF&G2FW&Vf&RvF6rFR6GVFfW'66VǒBGW&rFR&V6VBf6B'FR'&F66V7&WF'b7FFR&&vƶW"BV6VBF@B6VV2FBgVFR&W&W6VFFfRFPT