29 March 2024
Cheniere to sell $2 billion of equity in Sabine Pass liquefaction project
Publication date: 17 May 2012
Gas Strategies Group
10 Saint Bride Street
London UK
EC4A 4AD
ISSN: 0964-8496
Twitter @GasStrategies
Editorials
Subscriptions
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.