Stoneshield capital: Stoneshield Capital, a European real assets investment firm, has signed an agreement to acquire a 15 per cent stake in Exolum from OMERS, building on its existing investment in the company.
According to BERNAMA News Agency, the firm acquired a 4.93 per cent stake in January this year, and once the transaction closes in the third quarter of 2026, its total holding in Exolum will rise to approximately 20 per cent.
The remaining 10 per cent of OMERS' approximately 25 per cent stake is being separately acquired by a leading global investment firm. OMERS, together with its investment partners, has been invested in Exolum since 2016.
Stoneshield Capital co-founders, Felipe Moren©s Botn and Juan Pepa said the firm has followed Exolum's progress closely as an existing shareholder, including its international expansion, operational performance and growing role in the energy transition. 'Increasing our investment and taking active board representation reflects our conviction in Exolum's distinctive combination of real assets quality, geographic reach and strategic relevance, and our commitment to supporting management as the company continues to strengthen its position as one of Europe's leading energy logistics platforms,' said the co-founders.
Meanwhile, OMERS Infrastructure Senior Managing Director and Head of Europe, Luca Lupo said the transaction reflects the quality of the business and the firm's disciplined approach to portfolio management and capital rotation.
Exolum is a Spanish-headquartered global energy logistics company specialising in the transportation, storage and distribution of refined products, bulk liquids and aviation fuels, while also supporting the energy transition.
The company operates a 4,000-kilometre (km) pipeline network in Spain and a further 2,000 km network in the United Kingdom, alongside 68 storage terminals with more than 11 million cubic metres of capacity serving over 48 airports globally.
Following completion, Stoneshield Capital will assume three of OMERS' board seats, while the second investor will take the remaining two.