Important milestone for joint venture

Up to 403 acres of land at Thames Enterprise Park is being offered for sale for industrial development by  Vopak, Greenergy and Shell, the joint venture partners in the Thames Oilport project.

“This is another important milestone in the redevelopment of this regionally important industrial development site,” said Greenergy chief executive, Andrew Owens

“The 403 acres of land that is being offered for sale are former refinery processing units and land branded as Thames Enterprise Park that the joint venture partners agreed in 2013 would not be required for an import terminal,” added Andrew.

The remaining land and infrastructure are being retained by the joint venture for future use as a fuel import terminal.

Clearance of the Thames Enterprise Park land commenced in 2014 and, with the first phase of that land now cleared and the remaining refinery demolition due to completed in 2016, the partners determined that this is right time to proceed with the sale of excess refinery land.