Inter Pipeline Ltd. Vopak Sweden Acquisition June 10, 2015
Acquisition Summary Inter Pipeline acquired Vopak Sweden AB on June 10, 2015 for CAD 131 million or SEK 865 million, excluding customary closing adjustments Acquisition supports Inter Pipelines European growth strategy Transaction…
Asset Overview Inter Terminals Sweden has four storage terminals located in key ports 7.4 million barrels of total capacity 144 tanks and 5 underground caverns SWEDEN Products include: refined products, Gavle chemicals and…
Strategic Rationale Stable cash flow underpinned by 100% fee based contracts Well diversified customer base SWEDEN Gavle SCOTLAND Sodertalje Experienced commercial, NORTHERN DENMARK Gothenburg IRELAND North Sea operations…
Commercial Overview Strong facility utilization Q1 2015 average utilization rate of 94% High historical utilization rate of approximately 87% Stable cash flows Fee based contracts with no direct commodity price exposure Remaining…
Terminal Overview Gothenburg Terminal Malm Terminal ITS ITS ITS No. Tanks 73* Utilization 98% (Mar. 2015) Utilization No. Tanks 27 93% (Mar. 2015) Fuel Oil Gas Oil Gasoline Capacity Chemicals Capacity 0.4…
Terminal Overview Sdertlje Terminal Gvle Terminal ITS ITS ITS Utilization No. Tanks 12 Utilization 80% No. Tanks 37 66% (Mar. 2015) (Mar. 2015) Chemicals Capacity Capacity Jet Fuel 0.3 million Products Bitumen…
Summary Acquisition supports Inter Pipelines European growth strategy Positions Inter Pipeline as the largest independent bulk liquid storage provider in Scandinavia Highly complementary to Inter Pipelines existing bulk liquid…
Contact Information Christian Bayle President & CEO Brent Heagy Chief Financial Officer Jeremy Roberge Vice President, Capital Markets investorrelationsinterpipeline.com Inter Pipeline Ltd. Suite 2600, 237 4th Avenue SW…
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