Announced
Completed
Financials
Tags
Integrated Oil and Gas
natural gas
Acquisition
Friendly
United States
Single Bidder
Private Equity
Minority
Public
Completed
Cross Border
Synopsis
Brookfield Asset Management and Blackstone Infrastructure Partners completed the acquisition of a 42% stake in Cheniere Energy, a liquefied natural gas company, from Blackstone for $7bn. “Cheniere is grateful for the collaborative and mutually beneficial partnership we have had with Blackstone Energy Partners over the past eight years. Today, Sabine Pass is a world-scale LNG complex, providing flexible, reliable, and cost competitive U.S. LNG to markets worldwide, and I would like to thank David Foley and the Blackstone team for their contributions to Cheniere’s many successes. We still have much to accomplish at Cheniere, and I look forward to working alongside Blackstone Infrastructure Partners and Brookfield Infrastructure Management to achieve our shared goals,” Jack Fusco, Cheniere Chief Executive Officer.
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