17
May
2012

Cheniere to sell $2 billion of equity in Sabine Pass liquefaction project

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Cheniere Energy on Tuesday announced it had entered into a Unit Purchase Agreement with investment funds managed by Blackstone for the sale of $visual_editor billion of equity in its Sabine Pass liquefaction project. The move follows agreements with eight financial institutions in April, to arrange $4 billion of debt financing for the development and construction of the project, to fund the acquisition of the Creole Trail pipeline and for general business purposes.

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