HEH appoints Axel Zwanzig as CFO

The experienced financial expert joins HEH management board

Stade/Germany, 27 November 2024 – Hanseatic Energy Hub (HEH) appoints Axel Zwanzig as Chief Financial Officer (CFO). He will step up as a member of the Management Board of Germany's first land-based and privately funded LNG-terminal in Stade. In a first phase HEH will start in 2027 with LNG, Bio LNG and SNG (Synthetic Natural Gas). With the development of new climate-neutral energy sources, the hub will also be available for the import of hydrogen-based energy carriers. Zwanzig is joining HEH from Advario, a leading player in the storage of chemicals, gases, fuels and new energy products.

After starting his career at today's UniCredit, Zwanzig specialised in the financial sector. Following various international management positions, he was responsible for Group Treasury & Group Insurance, Group Controlling and served as Group Risk Officer at Marquard & Bahls AG. As Chairman of the Supervisory Board, he guided the fortunes of today's Advario Finance B.V.. He was also a member of the Advisory Board of Mabanaft, an integrated energy company involved in the import, distribution and marketing of petroleum products, natural gas liquids, chemicals and biofuels.

“With HEH, we are making an important contribution to Europe's security of supply. As an experienced manager in the energy sector, Axel Zwanzig will provide his extensive expertise in finance and risk management to further structure the company ensuring the long-term success of the project”, said Jan Themlitz, CEO of HEH.

Press image:

Axel Zwanzig

 

About HEH

The Hanseatic Energy Hub (HEH) is a future-flexible terminal for liquefied natural gases at the Stade industrial site. The independent hub secures and diversifies Germany’s import needs for affordable energy. In the initial expansion phase, an zero-emission LNG terminal is set to go into operation from 2027, with infrastructure also approved for bio-LNG and SNG. The planned regasification capacity is 13.3 billion m³/a, with a send-out capacity of 21.7 GWh/h. With the development of new climate-neutral energy sources, the hub will also facilitate the import of hydrogen-based energy carriers. HEH shareholders are  Partners Group (on behalf of their clients), Buss Group and Enagás as well as Dow. www.hanseatic-energy-hub.de/en/

 

Contact press office

Charlotte Holzum
on behalf of Hanseatic Energy Hub GmbH
c/o navos - Public Dialogue Consultants GmbH
Glashüttenstraße 79
20357 Hamburg
Phone: +49 40 69 638 76 45
Email: dialog@hanseatic-energy-hub.de