28 April 2024
Stonepeak strikes new risk-reward balance in USD 1.5 billion Magnolia LNG deal
Publication date: 07 July 2017
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LNG Limited signed a new deal with US investment firm Stonepeak Partners this week for the equity portion of its 8 mtpa Magnolia LNG project in the Gulf of Mexico. The commitment replaces a previous deal between the two, striking a different risk-reward balance for the private equity player.
Stonepeak has agreed to provide USD 1.5 billion equity in return for ...