Our philosophy is centred on the concept of open access facilities and not owning or trading the commodities we handle. We provide core infrastructure and services to operators including producers and owners of fuels, traders, importers, distributors, governments and government-owned entities.
Our business model is specifically built around the following core principles:
Given the large capital deployed to each asset and the long-term nature of our investments, we allocate capital across different jurisdictions with a risk-centric approach. We also want to build a portfolio that has an optimal balance between greenfield (both development and construction stage) and brownfield assets to balance value creation for our shareholders through growth and a sustainable yield. We have a preference for long-term contracted revenues or assets with a captive market with high barriers to entry.
Geographic diversification: We look to build an attractive portfolio of assets by diversifying geographically to manage country risk.
Optimal stage allocation: Developing and acquiring operating and yielding assets forms an integral part of our strategy to deliver value to our shareholders both through organic growth and yield.
Contracted revenues: We pursue robust and medium-to-long term contracts with customers with strong balance sheets or assets with a captive market with high barriers to entry in order to limit market risk exposure.