Igneo Infrastructure Partners to take ownership interest in Hoegh Evi

for energy security and the transition,” he said.

“As long-term, responsible investors, we are fully aligned with Hoegh Evi’s strategy to continue as a trusted provider of FSRUs and LNG infrastructure, while expanding its focus to include infrastructure for ammonia, hydrogen, and carbon molecules,” Niall Mills, managing partner and global head of Igneo Infrastructure Partners said.

Ten FSRUs

In September, Hoegh LNG changed its name to Hoegh Evi to reflect the recent expansion of Hoegh’s focus beyond LNG import terminals.

Hoegh’s fleet comprises ten FSRUs and three LNG carriers.

The entire fleet is operating under long-term contracts, except the LNG carrier Hoegh Gandria which is currently employed on a short-term LNGC contract ending in the fourth quarter of 2024.

Hoegh recently said that there is an increased interest in FSRU projects in the Americas region.

The company already has FSRUs installed in the region.

The company’s 170,000-cbm FSRU, Hoegh Grace, is currently located in Cartagena, Colombia.

In addition, the 170,000-cbm FSRU, Hoegh Gallant, is serving New Fortress Energy’s offshore Old Harbour facility in Jamaica.

Hoegh also said in its previous quarterly report in August that its focus remains on developing a new Dutch FSRU-based facility with VTTI, while the company is working on other projects as well.

In December last year, Rotterdam-based storage terminal owner VTTI, co-owned by Vitol, IFM, and Adnoc, joined forces with Hoegh to develop and operate the Zeeland energy terminal, in the Vlissingen port area, southern Netherlands.

The terminal will be based on an FSRU, which in time, plans to transition from import of LNG to hydrogen.