Hanseatic Energy Hub

Hanseatic Energy Hub (HEH) GmbH is the developer and operator behind Germany's first land-based terminal for liquefied gases, a pivotal energy infrastructure project located in Stade, near Hamburg. Founded in 2018, the company is constructing a terminal designed to significantly bolster Germany's energy security and facilitate a transition towards greener energy sources. The project, representing an investment of approximately €1 billion, reached its final investment decision in March 2024, with construction commencing in June 2024 and commissioning expected in 2027.

The business is structured as a consortium of shareholders including the Buss Group, a Hamburg-based logistics and energy company led by Dr. Johann Killinger; Partners Group, a global private equity firm; Dow, which provides the industrial park land; and Enagás, a leading Spanish energy infrastructure company that serves as the terminal operator and increased its stake to 15%. Dr. Johann Killinger, a key figure in the project's development and managing partner of the Buss Group, has an extensive background in logistics and maritime industries, having transformed the Buss Group into a diversified entity with a focus on energy. The management team was strengthened with the appointment of Jan Themlitz as CEO and Alejandro Marjalizo from Enagás as CTOO to steer the project through construction and operation.

HEH's business model is centered on providing long-term regasification and storage capacity to major energy companies. The terminal's planned annual regasification capacity is 13.3 billion cubic meters, with an output of 21.7 GW. The company has successfully secured long-term bookings for 90% of this capacity from prominent European energy clients including EnBW, SEFE, and ČEZ, with the remaining 10% reserved for short-term market access. Revenue is generated from these long-term capacity booking contracts.

The terminal is being built on a brownfield site within the Dow Industrial Park, leveraging existing infrastructure and a strategic location on the Elbe River. A notable feature is its zero-emission design, which utilizes industrial waste heat from the adjacent Dow plant for the regasification process, avoiding additional carbon emissions. The infrastructure is future-proof, engineered from the outset to be "ammonia-ready." This dual-purpose capability allows the terminal to initially import LNG, bio-LNG, and Synthetic Natural Gas (SNG) to ensure immediate energy supply, while being technically prepared for a modular conversion to import and handle ammonia, a key carrier for green hydrogen. This strategic design positions the hub to be a central player in Germany's future hydrogen economy.

Keywords: Hanseatic Energy Hub, LNG terminal Germany, Stade energy hub, regasification capacity, ammonia-ready terminal, energy security Europe, liquefied natural gas import, green hydrogen transition, Buss Group, Enagás, Partners Group, Dow, Johann Killinger, bio-LNG, synthetic natural gas, hydrogen infrastructure, German energy import, land-based LNG terminal, Elbe River port, European energy market, zero-emission terminal, energy infrastructure investment, long-term gas supply.