Evos Rotterdam and HyFive to explore potential e-methanol storage collaboration

Evos and HyFive have signed a Letter of Intent (LOI) to explore the storage and handling of e-methanol in the Port of Rotterdam, which is expected to be produced by HyFive’s HyMet Musel project in northern Spain

Under this non-binding agreement, Evos and HyFive will assess potential technical and commercial parameters, including logistics interfaces and operational requirements. The LOI follows Evos’ recently announced expansion project for (low-carbon) methanol and ethanol storage. The project includes the construction of five new storage tanks with a combined gross capacity of 67,500 cubic metres, a new pump station and a new jetty to be built by the Port of Rotterdam Authority. The project is expected to become operational in early 2028.

HyFive’s HyMet Musel project on Spain’s Atlantic coast is planned with a production capacity of 100,000 tonnes per year, with start-up targeted from 2029. HyFive has signed a comprehensive term sheet for a significant portion of the initial production volumes and continues commercial discussions with potential offtakers, including shipping companies active in the ARA region.

Alberto Sanchez de Rojas, General Manager, HyFive, said:

“We are pleased to sign this LOI with Evos to explore a potential supply route for e‑methanol from our HyMet Musel project. While this is an initial step, it is an important milestone in assessing downstream infrastructure options that could help meet growing demand for cleaner marine fuels in the ARA region.”

Christiaan Kop, Evos Rotterdam Managing Director, said:

“We welcome the opportunity to explore, through this potential partnership with HyFive, how our Rotterdam terminal could support future e‑methanol flows into the ARA region. We see strong long‑term momentum behind low‑carbon fuels, and we continue to invest in infrastructure that can help our customers and partners navigate the energy transition.”

Evos Rotterdam is a dedicated multimodal methanol hub and the largest ethanol storage provider in Europe. It offers full connectivity across vessel, barge, truck, and rail, with facilities to store renewable methanol that meets International Methanol Producers and Consumers Association (IMPCA) specifications. Europe is shifting toward low-carbon methanol, with bio- and e-methanol expected to take a growing share, supported by regulation. As a promising alternative to fossil fuels, renewable methanol, including ultra-low-carbon e-methanol, is expected to play a critical role in sectors where decarbonisation is challenging, such as shipping and aviation.

About Evos

Evos is a leading independent European provider of storage infrastructure for liquid energy and chemicals. The company operates a network of eight tank terminals strategically located in seven major seaport hubs in five countries, with a combined storage capacity of 6.3 million cubic metres. Its terminals are located in the Netherlands (Amsterdam (2), Rotterdam and Terneuzen), Belgium (Ghent), Germany (Hamburg), Malta and Spain (Algeciras). Founded in 2019, Evos is owned by investment funds managed by Igneo Infrastructure Partners, a long-term oriented infrastructure asset manager. Evos employs approximately 700 people across its network.

About HyFive

HyFive is a strategic developer, owner, and operator of green derivative production assets in Spain, focused on decarbonising hard-to-abate sectors such as shipping and aviation. HyFive operates under the group structure of White Summit Capital AG, a specialised energy-transition infrastructure investment manager. For more information, visit https://www.hy5.energy/