Kimmeridge completed the acquisition of an additional stake in Commonwealth.

Kimmeridge, an alternative asset manager, completed the acquisition of an additional stake in Commonwealth, a liquefied natural gas export terminal project. Financial terms were not disclosed. "We welcome David to the KTG team as it enters a compelling new era of growth, while accelerating carbon neutrality through the development of environmentally responsible, low-cost energy assets. David has shaped and led large-scale, best-in-class operations that align with Kimmeridge's commitment to enhancing capital efficiency and reaching net-zero operations. Additionally, we would like to thank Mike Wieland for all his contributions as CEO of KTG since September 2022, helping to build it into the high-quality, scaled asset it is today," Ben Dell, Kimmeridge Managing Partner.