CLH wins operation and renovation contract at Dublin airport

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15 April 2016, Gas

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The CLH Group will operate and extend the existing fuel storage terminal at Dublin airport after the award of the tender process organised by DAA (Dublin Airport Authority). The company will manage the storage facility under a concession scheme for 20 years and will also renovate this infrastructure by expanding its capacity and building a new hydrant system.

During the 2016-2018 period, the investment will exceed 40 million euros with the aim of commissioning new infrastructures in stages, for which completion is expected in three years.

During the presentation of the project in Dublin, the Chairman of CLH, Jose Luis Lopez de Silanes, thanked DAA for their confidence in the CLH Group and highlighted that "this transaction consolidates the company's internationalisation strategy through a growing industry such as the supply of aviation fuel, where the CLH Group has broad knowledge."

The Managing Director of Dublin Airport, Vincent Harrison, highlighted the importance of this project for Dublin airport, owing to the growth it has experienced over recent years, and "the value of the partnership between CLH and Dublin Airport over the course of the next 20 years."

For his part, the CEO of CLH, Jorge Lanza, pointed out that "the transaction is an exciting challenge involving the operation and renovation of the fuel storage terminal of such an important airport as Dublin, while keeping the facility operational at all times as with the project we undertook a few years back at Alicante airport."

The new facility will comprise three storage tanks of 5,000 cubic metres each, office and service buildings, parking area, pumping stations, into-plane fuelling unit loading areas and the most technologically-advanced safety systems.

The project also includes the building of a hydrant system at the airport piers in order to facilitate into-plane fuelling which will be connected to the storage terminal through a twin pipeline.

To execute the project and operate the new plant, the CLH Group has created a new company under the name of CLH Aviation Ireland Ltd, 100% owned by CLH Aviacion.

The company has already started a transition period, where data on current operations will be gathered and staff will be prepared so that it can take effective control of the infrastructure at the beginning of next May. Dublin airport will be the third airport by activity level operated by CLH Aviacion, ranking after Adolfo Suarez - Madrid Barajas and Barcelona - El Prat.

This is the third international transaction undertaken by the CLH Group, after the projects in Oman and UK, based on commercial development opportunities and its expertise in airport facility management.

Source: MarketLine

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