EnergyWatch

Shell's successor deems Danish refinery life-long investment

Crossbridge Energy, heir to Shell's oil refinery in Denmark, cuts the first turf for Europe's largest hydrogen plant, which is set to provide green H2.

Photo: SHELL

On July 1, British-Dutch oil supermajor Shell's refinery in Fredericia, Denmark, was handed over to Crossbridge Energy, a subsidiary of PL ESG Denmark Co. The latter is a subdivision of Delaware-registered firm ESG Energy Partners, which has close ties with Postlane partners.

According to its own minimalist presentation, Postlane Partners is a US private investment company founded five years ago in Stamford, which handles assets worth around USD 900m on the North American and European markets.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Ørsted makes group changes again

The Danish power company shakes up its organization once again, now parting ways with offshore wind chief of many years, while also moving other profiles up the corporate ladder.

Ørsted declines Taiwan tender bid

Quite atypically, the Danish market leader publicly rejects to bid in Taiwan’s solicitation for 3GW offshore wind due to poor framework conditions. The green transformation will wilt if developers build uneconomic projects, says CEO.

Last platform now in position at Tyra site

After completing the voyage from Batam, Indonesia, the process module is now in position in the North Sea. Only one piece is now missing from the reconstruction project at the Tyra site.

Further reading

Related articles

Latest News

See all jobs