Announced
Synopsis
KKR-backed Ocean Yield, a shipping company in Fornebu, Norway, agreed to acquire a 34% stake in Geogas LNG, an operator of long-haul LPG on large and mid-size gas carriers, from CVC DIF, a global mid-market infrastructure equity fund manager. Financial terms were not disclosed. "We are pleased to partner with NYK, Geogas Maritime and Access Capital Partners for our first transaction in the LNG segment. FLS controls a fleet of modern LNG carriers with a low carbon footprint and long-term charters to investment grade-rated counterparties," Andreas Røde, Ocean Yield CEO.
Principals
Show Details & Financials
Sort
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.