Alexela

Operating an bioLNG terminal in Hamina port, Finland, Alexela engages in large scale projects like pumped hydro renewable energy storage and peak load biogas power plant.

In March 2006, Alexela Oil purchased from YX Energi the Uno-X chain in Estonia, Latvia, and Lithuania.

On May 24, 2007, one day after the acquisition entered into force, an explosion occurred in a tank having severe environmental and health consequences for people living nearby.

[5] According to the court ruling, the former owner of Vest Tank had to pay 160 million Norwegian krone to Alexela Solvaag to cover the costs of emptying the containers, renovating the terminal and liquidating the pollution caused by the explosion.

In 2011, Alexela bought a majority stake in the liquid gas retailer Reola Gaas from Neste.

[8][9] In 2014, remaining stakes in Reola Gaas and Kiviõli Keemiatööstus, as also Gasum's Estonian business were acquired by Alexela.

That time the group was controlled by Heiti Hääl and Kazakhstan's businessman Igor Bidilo who together owned 73.8% of the shares.

[20] In addition to Heiti Hääl and management of the company, the major shareholder is Puma Energy, a subsidiary of Trafigura.

[21] AS Bestnet is a trailer manufacturer and S Paldiski Tsingipada (Zincpot) is a hot dip galvanising services provider.