Announced
Financials
Sources
Tags
Cross Border
Private Equity
Private
Australia
Gas Distribution
Minority
Acquisition
natural gas
Pending
Friendly
Single Bidder
Synopsis
EIG, an institutional investor, agreed to acquire 10% interest in APLNG, a producer of natural gas, from Origin Energy, an energy company, for $1.6bn. “This is a groundbreaking transaction that reflects our strong confidence in the asset, our partners, and the importance of LNG as a critical enabler of the energy transition. The transaction leverages EIG’s extensive experience in global LNG to deliver an attractive, steady stream of cash flows for our investors,” R Blair Thomas, EIG Chairman and CEO.
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