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New Deal


Announced

Completed

KKR completed the acquisition of a minority stake in the Port Arthur LNG Project from Sempra.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Domestic

Private Equity

Acquisition

Friendly

Private

United States

Single Bidder

liquefied natural gas

Integrated Oil and Gas

Minority

Completed

Synopsis

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KKR, a global investment company, completed the acquisition of a minority stake in the Port Arthur LNG Project from Sempra, an energy network infrastructure company. Financial terms were not disclosed. "We are pleased to close our investment in this critical energy infrastructure project led by the Sempra Infrastructure team. Port Arthur LNG Phase 1 has continued its strong momentum and is on track to meet its objectives of helping to deliver energy security, economic growth and a near-term supply of reliable and cleaner energy," James Cunningham, KKR Partner.

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