Exolum

What Exolum does

Exolum (formerly CLH, founded 1929 in Spain) is a privately held energy logistics company that owns and operates critical midstream infrastructure for liquid and gaseous energy products across 10 countries. Its core asset base includes more than 6,000 km of pipelines, 68+ storage terminals with 11+ million cubic metres of capacity, and aviation fuel operations at 50+ airports, with its densest networks in Spain (4,000+ km of pipelines) and the UK (2,000 km of pipelines serving Heathrow, Gatwick, Stansted, Manchester, and Port of Immingham).

The company generates revenue primarily through usage-based pipeline transportation fees, recurring storage terminal fees (including blending, transhipment, and break-bulk services), aviation fuel storage and into-plane fuelling contracts, and a growing portfolio of sustainable-energy services. These sustainable offerings include the world's first commercial-scale demonstration of Liquid Organic Hydrogen Carrier (LOHC) hydrogen storage at Immingham (up to 1 TWh potential), biomethanol bunkering infrastructure at Port of Immingham, CO2 storage terminals (Bristol Port, A Coruña, Huelva), a UK independent SAF blending facility at Redcliffe Bay, and the Avikor digital platform for passenger-purchased SAF certificates at Madrid Barajas Airport. Additional revenue streams include ENAC-certified metrology, additive services, NORM-waste management, and gas storage.

Exolum serves five primary customer segments: energy operators and oil companies (pipeline transport, bulk storage), airlines and airport operators (aviation fuel logistics and SAF), energy-transition companies (hydrogen, biomethanol, CO2, offshore wind support), industrial and petrochemical companies (specialised storage, metrology, waste), and maritime operators (biomethane bunkering). It is privately held, with Canadian pension fund OMERS divesting its ~25% stake in 2026 to Stoneshield Capital (~20%) and another global investment firm (~10%), and reported annual revenue exceeding €1.3 billion.

Name

Exolum

Legal name

EXOLUM CORPORATION, S.A.

Website

https://exolum.com

Company type

Private

Founded year

1929

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Exolum is a Spanish-headquartered energy logistics operator that owns 6,000+ km of pipelines, 68+ storage terminals, and aviation fuel facilities at 50+ airports across 10 countries, serving oil majors, airlines, energy-transition players, and governments with bulk liquid, gas, and emerging low-carbon fuel logistics.

Ownership category

akta.pro rank

Product category

Energy Logistics Services

NAICS

Petroleum Bulk Stations and Terminals (42471), Pipeline Transportation of Refined Petroleum Products (486910), Pipeline Transportation of Refined Petroleum Products (48691)

SIC

Wholesale-Petroleum Bulk Stations & Terminals (5171), Pipe Lines (No Natural Gas) (4610)

akta.pro primary industry

Liquid Bulk Storage & Tank Farm Operators (Independent Storage) (TLAHABAM)

akta.pro secondary industry

Liquid Bulk Petroleum Terminals (Crude, Refined Products) (TLAHABAH)

Keywords

• Liquid bulk logistics
• Pipeline transportation
• Aviation fuel services
• Energy storage terminals
• Sustainable fuel logistics

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices9 records

Markets served

GTM type

B2B

Offering type

Services

Revenue model

1. Pipeline Transportation Fees: Fees charged for pipeline transport of liquid fuels (automotive, aviation, marine), gases, and biofuel blends across 6,000+ km network in Spain and 2,000 km in the UK. Volume-based fees tied to product throughput.
2. Storage Terminal Services: Storage fees for bulk liquid products, chemicals, biofuels, and industrial gases. Facilities include 68+ terminals with over 11 million cubic meters of capacity across 10+ countries. Revenue from blending, transhipment, and break/bulk bulk services.
3. Aviation Fuel Logistics: Aviation fuel storage, hydrant network management, and into-plane fuelling services at 50+ airport facilities globally. Revenue from fuel handling, quality control, and specialized aviation logistics.
4. Sustainable Energy Services: New energy transition services including hydrogen logistics (LOHC), biomethanol bunkering, CO2 storage terminal development, and SAF blending. Emerging revenue streams from new energy infrastructure.
5. Specialized Services (Additives, Metrology, Waste): Tax and quality additive services, metrology (calibration) services, waste management (including NORM waste), and gas storage. Additional revenue from laboratory analysis, quality control, and inspection services.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Exolum operates one of Europe's largest independent energy logistics platforms, providing pipeline transportation (6,000+ km), bulk liquid storage (11+ million m³ across 68+ terminals), and aviation fuel logistics at 50+ airports in 10+ countries. Its services cover refined petroleum products, chemicals, biofuels, and industrial gases, with growing capabilities in emerging energy carriers including hydrogen (via LOHC), biomethanol bunkering, sustainable aviation fuel, and CO2 storage terminals.

Product overview

Exolum is an energy logistics company offering a comprehensive suite of services centered on liquid and gas logistics, sustainable energy, and aviation operations. The core offering includes bulk liquid storage terminals, 6,000 km of pipeline networks with 11 million m³ capacity, and aviation fuel logistics at 50 airports globally. Key platform products include Avikor (SAF marketplace), El Prisma (energy transition podcast), and GreenMetrics (carbon footprint automation tool). The company is expanding into emerging energy sectors including LOHC hydrogen storage, CO2 capture logistics, and biomethanol bunkering services. Additional services encompass metrology, quality control, additive services, and waste management. The portfolio also includes internal talent development programs (Ellevate, Sherpa) and inclusion initiatives (Pride Alliance).

Differentiator

Problem solved

Functional benefit

Products and services

• Liquid and Gas Logistics Services Bulk liquid storage and pipeline transportation services for refined petroleum products, chemicals, biofuels, alcohols, and industrial gases. Backed by 6,000 km of pipeline networks and 11+ million m³ of storage capacity, providing multi-point delivery across the network.
• Sustainable Energy Services Energy transition logistics services including hydrogen transport and storage via Liquid Organic Hydrogen Carriers (LOHC), biomethanol bunkering for maritime vessels, CO2 capture and storage terminal infrastructure, and SAF blending. Designed for energy transition companies, offshore wind operators, and decarbonization-focused industrial customers.
• Aviation Logistics Independent aviation fuel logistics services including storage, hydrant network management, into-plane fuelling, and Sustainable Aviation Fuel (SAF) solutions at 50+ airport facilities worldwide. Serves commercial airlines, airport operators, and fuel suppliers requiring specialized aviation-grade fuel handling.
• Additional Services Supplementary services comprising analysis and quality control laboratories, ENAC-certified metrology/calibration services, tax and quality additive services, waste management (including NORM waste), and gas storage and management in the UK. For petrochemical companies, industrial operators, and fuel suppliers requiring regulatory compliance.
• Avikor SAF Platform Digital platform enabling airline passengers at Adolfo Suárez-Madrid Barajas Airport to reduce aircraft CO2 emissions by purchasing Sustainable Aviation Fuel (SAF) certificates linked to specific flight numbers. Works with any airline operating from the airport.
• Biomethanol Bunkering Service Commercial-scale biomethanol storage and bunkering service at Port of Immingham, UK's first commercially ready biomethanol bunkering operation. For maritime operators and offshore wind farm maintenance vessel operators seeking low-carbon marine fuel.

Quantifiable outcome

• Up to 80% GHG emissions reduction using biomethanol compared to conventional marine fuels
• +3 more outcomes

Named customers5 records

Segments5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

14 partnerships are on record, tiered minor and core.

• Carbon Capture and Storage Association (CCSA)minorStrategic or Co-development Partner · 1 March 2026Exolum became a member of CCSA, the main European organization promoting commercial deployment of carbon capture, utilisation and storage. Exolum contributes operational experience and extensive terminal network (60+ terminals in Europe and UK) for CO2 transport and storage logistics solutions.
• ØrstedcoreStrategic or Co-development Partner · 10 February 2026Partnership for UK's first commercial biomethanol storage and supply (bunkering) service at Port of Immingham. Ørsted is the first customer, using biomethanol to fuel its North Sea offshore wind farm maintenance vessels. Biomethanol delivers up to 80% GHG emissions reduction vs conventional marine fuels.
• Methanex CorporationcoreStrategic or Co-development Partner · 10 February 2026Partnership for UK's first commercial biomethanol bunkering at Port of Immingham. Methanex supplies ISCC-certified biomethanol produced from waste and residue feedstocks at its U.S. Gulf Coast facilities. Methanex is the world's largest methanol producer and supplier.
• DeloitteminorStrategic or Co-development Partner · 1 January 2026Partnership with Deloitte to produce the annual Energy Transition Observatory, studying the evolution of Spain's National Integrated Energy and Climate Plan. Jointly published annual reports on energy transition trends.
• Royal VopakcoreStrategic or Co-development PartnerJoint venture partnership with Royal Vopak for the only maritime ammonia terminal in the Houston Channel. Each party holds 50%. Facility has a mooring quay for VLGC vessels and pipeline connection to the Port of Houston petrochemical complex, the largest in the US and second largest globally. Currently offers ammonia and LNG storage services.
• AdifminorStrategic or Co-development PartnerAgreement with Adif (Spanish railway infrastructure manager) to incorporate railway logistics solutions for CO2 transport in its terminal network, complementing pipeline and maritime transport options.
• EquilibrionminorStrategic or Co-development PartnerExolum published findings from world's first commercial-scale demonstration of hydrogen transport and storage using LOHC at its Immingham terminal, supporting Equilibrion's power-to-liquids technology. Technology can integrate with existing infrastructure and potentially store up to 1 TWh of hydrogen.
• Real Madrid FoundationminorOthersOngoing sponsorship of Real Madrid Foundation's social sports school in San Fernando de Henares, providing full and partial scholarships to over 100 children aged 5-17, with at least half earmarked for minors at risk of social exclusion.
• Smart CultureminorImplementation/ SI/ Consulting PartnerExternal partner for the Sherpa leadership development programme, providing workshops, expert sessions, collaborative dynamics, and coaching processes for Senior Department Leaders and Operational Leaders.
• HyundaiminorStrategic or Co-development PartnerPartnership for dialogue on sustainable mobility and hydrogen, including presentation of the new Hyundai NEXO hydrogen fuel cell vehicle at Exolum's facilities.
• Associated British Ports (ABP)minorStrategic or Co-development PartnerOwner of Port of Immingham, the UK's largest port by cargo volume. ABP supports the biomethanol bunkering partnership, providing infrastructure for sustainable maritime transport.
• Fundación DiversidadminorOthersSignatory to the Diversity Charter promoted by Fundación Diversidad, the largest European business movement for workplace plurality and inclusion, endorsing 10 principles for equal opportunities.
• REDI (Business Network for LGBTI Diversity and Inclusivity)minorOthersLong-standing member of REDI, the Business Network for LGBTI Diversity and Inclusivity, demonstrating commitment to diversity and inclusion in the workplace.
• myGworkminorOthersNWE region joined myGwork, the largest global LGBTI+ talent and networking platform, to access specialized resources and strengthen inclusive work environments.

Scale indicators8 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Royal Vopak: Royal Vopak is the world's largest independent tank storage company, operating terminals for oil, chemicals, biofuels, and gases globally. Exolum and Vopak already partner in a 50/50 Houston ammonia terminal JV, validating direct operational and asset overlap in liquid bulk storage and emerging energy carriers.
• Magellan Midstream Partners: Magellan operates ~10,000 miles of refined petroleum pipelines and 54 terminals in the US. Comparable midstream liquids logistics business model, with terminal storage and fee-based pipeline revenues closely aligned with Exolum's core offering.
• Oiltanking: Oiltanking (a Marquard & Bahls subsidiary) operates one of the world's largest independent networks of tank terminals for petroleum products, chemicals, and gases. Directly comparable to Exolum in tank storage and pipeline logistics across Europe and globally.
• Buckeye Partners: Buckeye operates ~6,000 miles of pipelines and over 115 liquid petroleum product terminals across the US. Directly comparable midstream storage and pipeline services operator with similar fee-based revenue model.
• Inter Pipeline: Inter Pipeline operates oil sands, conventional oil, natural gas liquids, and bulk liquids storage and transportation infrastructure in Canada and Europe. Its bulk liquids terminals and NGL processing overlap directly with Exolum's bulk liquid storage business model.

Broad incumbents

• Kinder Morgan: Kinder Morgan is one of the largest North American energy infrastructure companies with ~82,000 miles of pipelines and ~140 terminals. Overlaps with Exolum in refined products storage and transportation but operates at much broader scale across multiple commodity streams.
• Vitol: Vitol is the world's largest independent energy trader with extensive midstream infrastructure investments in storage terminals and pipelines. Overlaps with Exolum in liquid bulk storage ownership and operations, particularly in Europe and the Americas.
• Shell Pipeline Company: Shell Pipeline operates thousands of miles of crude and refined product pipelines and terminals globally as part of Shell's integrated energy business. Overlaps with Exolum in refined product and aviation fuel logistics, though embedded within a much larger integrated oil major.

Regional players

• Tank & Rast: Tank & Rast operates Germany's motorway service stations and associated fuel logistics infrastructure. Although focused on retail fuel, the company handles bulk fuel logistics in Germany, providing a regional comparison point for Exolum's Mannheim and broader European operations.
• Navigator Gas: Navigator operates a fleet of petrochemical gas carriers and terminals primarily serving European and US petrochemical routes. Comparable in liquid/gas bulk storage and logistics but focused on maritime gas shipping rather than integrated pipeline networks.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/exolumgroup
• YouTubeyoutube.com/channel/UCjfegMMequ5aKcm6YhKoJiA
• Facebookfacebook.com/ExolumGroup
• LinkedInlinkedin.com/company/exolum
• Instagraminstagram.com/exolum

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Exolum