Bridging the gap in energy ports infrastructure

A new development and investment company dedicated to next-generation energy ports infrastructure has been launched.

Port of Esbjerg

Gateway Zero, led by renewables stalwart João Metelo, aims to bring significant capital and expertise to the challenge of harnessing new economic opportunities for ports and coastal infrastructure in decarbonisation, energy storage and green fuels.

“Ports have a pivotal role to play in enabling the global energy transition, with the potential not only to act as critical supply chain hubs for offshore renewables, but also in the longer term to become centres for the decarbonisation of the maritime sector and deployment of co-located clean energy and green fuels infrastructure,” said João Metelo, Founder & CEO, Gateway Zero.

“Our aim is to play a meaningful role in building out a new asset class with enormous long-term strategic value – becoming the partner of choice for asset owners and capital providers opening up the world’s energy gateways.”

Untapped opportunity

It is projected that offshore wind development alone will drive more than US$15 billion dollars of investment in ports and vessels in Europe and the US by 2030 – with further tens of billions required to reach 2040 energy goals.

But limitations in existing port infrastructure are quickly becoming a bottleneck to deployment of both fixed and floating offshore wind projects.

Additionally, the wider decarbonisation effort will require large capital deployment into coastal infrastructure dedicated to energy transition propositions. There is an urgent need to connect asset owners with the capital and expertise they need to build the next generation of energy ports infrastructure.

Gateway Zero is actively pursuing opportunities to develop and invest in projects alongside ports, public authorities and other value chain partners, offering them a bridge to the clean energy sector and crowding in big capital as required. 

João Metelo has made his name in creating clean energy business models, as the previous CEO of Principle Power, CFO of EDP Renewables North America and more recently as chief investment & financial officer of Skyborn Renewables.