photo © Gilles Dacquin




The company gained 11 more points compared to the 2020 index. This index takes the company almost at the maximum rate. This index is calculated on the basis of 4 criteria:

  • The pay gap between women and men remuneration (maximum 40 points).
  • The gap in the rate of individual pay increases between women and men (maximum of 35 points).
  • The share of female employees whose pay has been increased on return from maternity leave (maximum 15 points).
  • The number of women represented among the 10 highest paid (maximum 10 points).

Rubis Terminal obtained the following scores

1- Pay gap (en %)39
2- Gap in the rate of individual pay ( % or equivalent number of employees)35
3- Share of female employees whose pay has been increased on return from maternity leave (%)15
4- Women represented among the 10 highest paid10
INDEX (highest = 100 points)99


Sojitz, Reganosa and Rubis Terminal sign
a Memorandum of Understanding (“MOU”) for the Development of a Green Hydrogen Supply Chain connecting Galicia and North-West Europe

Japanese Industrial conglomerate Sojitz Corporation (“Sojitz”), European bulk liquid storage company, Rubis Terminal Infra SAS (“Rubis Terminal”), and Spanish infrastructure investment company, Reganosa Asset Investments (“Reganosa”)*¹ have signed a Memorandum Of Understanding (“MOU”) to conduct a joint feasibility study for the development of a green hydrogen supply chain in Europe.

Reganosa is developing the H2Pole project, first-ever regional hydrogen-project labelled as “Strategic Industrial Project”, will consist in a green-hydrogen production facility located in the Galicia, Northwest of Spain. Its initial phase operational in 2025, will target regional customers.

 In a second stage, the H2Pole Project is looking forward to expanding its production to export green hydrogen or green hydrogen-carriers produced in Galicia to Northwest Europe (e.g. Amsterdam-Rotterdam-Antwerp, “ARA”) where import demand
is expected to surge in the coming years to reach 2050 net zero targets.

Spain has a high potential for solar and wind power electricity generation. Proof of this is that renewables represented last year 30% of the country’s energy mix. Galicia
is therefore anticipated to be an ideal green-hydrogen production center and is also strategically located to supply green-hydrogen to Northwest Europe.

The companies, with their respective business expertise and industry networks, will jointly collaborate to conduct feasibility studies in view of developing
a green-hydrogen supply chain solution connecting Galicia with North-West Europe. With this Second Phase of the Project, Sojitz, Reganosa and Rubis Terminal will contribute positively to the decarbonization of the energy system.

*1: Reganosa Asset Investments is a fully owned subsidiary of parent company Reganosa Holdco S.A., Sojitz and Reganosa Holdco S.A.’s shareholding ratio for LNG receiving terminal company Regasificadora Del Noroeste SA is 15% and 85% respectively.

[Related Information]

[Company Overview – Sojitz]

Head Office1-1, Uchisaiwaicho 2-chome, Chiyoda-ku, Tokyo
Representative DirectorMasayoshi Fujimoto
Main BusinessJapan-oriented global trading and investment firm in the field of a wide range of industries including energy and renewable power.

[Company Overview – Rubis Terminal Infra SAS]

Head Office33 avenue de Wagram, 75017 Paris, France
Top ManagementBruno Hayem
Main BusinessStorage and handling of bulk liquid products in Europe. 15 base storage tanks: France, Spain, ARA: Antwerp and Rotterdam

[Company Overview – Reganosa Asset Investments S.L.]

Head OfficeLugar Promontoiro, S/N, Mugardos, 15620 , La Coruña, Spain
Top ManagementCollantes Perez Arda, Carlos Bruquetas Serantes, Emilio
Main BusinessInvestment management for Reganosa Group’s businesses in Europe (primarily Spain)


Rubis Terminal

Communications Department

Tel. : +33 (0)6 31 36 73 95

 Sojitz Corporation

Public Relations Department

Tel. : +81 (0)3 68 71 34 04


In view of early refinancing through the Infra debt market, Rubis Terminal issues redemption notice for €560m 2025 bonds

In view of early refinancing through the Infra debt market, Rubis Terminal issues redemption notice for €560m 2025 bonds

Rubis Terminal issued on July 8th, the formal notice to early redeem its 5.625% €560m senior notes initially due May 2025. These bonds will be refinanced through a new ESG-linked infrastructure debt package comprised of:

  • A €700m new 7-year term loan
  • A €82.5m capex facility to accompany the development of the group with new projects and continued transformation
  • A €30m RCF to be used for general corporate purposes

Notably thanks to its strong efforts over the past couple of years to reduce the share of fuel related revenues, this landmark transaction demonstrates Rubis Terminal strong commitment on ESG matters. The documentation of the new financing package includes a margin grid linked to Rubis Terminal compliance with a series of ESG-linked target KPIs, notably reduction of the carbon intensity of the Group’s storage operations, increase of the hazardous and non-hazardous waste recovery, and reduction of lost time injury due to work accidents.

On top of that, the new financing package confirms the Group’s clear positioning within the infrastructure asset class, while allowing to reduce its cost of debt and further increase debt maturity.

Commenting on this development, Rubis Terminal Chief Executive Officer Bruno Hayem said : “The refinancing of our bonds through the infrastructure debt market will allow the Group to optimize its debt profile with lower annual finance charges, enabling therefore more financial flexibility and agility. It is, as well, the proof of our new lenders’ confidence in our capacity to defend strong ESG objectives”.

The new financing package is being underwritten by Santander, DNB and CACIB who will manage syndication process in the coming weeks. Rubis Terminal has been advised by Rothschild & Co and Clifford Chance on this transaction.

About Rubis Terminal:

Rubis Terminal is a leading independent infrastructure platform for bulk liquid and gas product handling and storage. The Group operates a total storage capacity of 3.9 million cubic meters in 15 terminals in France, Spain, the Netherlands and Belgium.

The company is a joint venture co-controlled by Rubis, an independent French operator in the energy sector, listed on Euronext Paris and funds managed by I Squared Capital, an independent global infrastructure investment manager focusing on utilities, digital infrastructure, energy, transport, and social infrastructure.



Rubis Terminal Chief Financial Officer

Tél. : +33 (0)1 53 81 86 20 


Conditional Notice to the Holders of the €560,000,000 5.625% Senior Secured Notes due 2025

ISINs: XS2178048505 (Rule 144A) and XS2178048257 (Reg S)

Common Codes: 217804850 (Rule 144A) and 217804825 (Reg S)

On 8 July, 2022, Rubis Terminal Infra S.A.S. (the “Issuer”) delivered a conditional notice of redemption in full (the “Notice”) of its 5.625% Senior Secured Notes due 2025 (the “Notes”).

Capitalized terms used but not otherwise defined herein shall have the meaning given to them in the Notice.

The Issuer anticipates that the Redemption Date will occur on 20 July, 2022, subject to the Conditions Precedent stipulated in paragraph 3 of the Notice. The aggregate redemption price for the Redeemed Notes (assuming the Redemption Date is not postponed in accordance with paragraph 4 of the Notice) is €581,437,500.

After giving effect to the redemption on the Redemption Date, the aggregate principal amount of the Notes outstanding will be €0.

Rubis Terminal Analyst contact: 

Tél. : +33 (0)1 53 81 86 20  


RUBIS TERMINAL INFRA: publication of the 2021 Sustainability Report

This document is available on the Company’s website