Blackstone Credit, KKR & CO, Apollo Global Management and Goldman Sachs Alternatives to acquire a 49.9% stake in Port Arthur Lng Project phase 2 from Sempra for $7bn.

Blackstone Credit, a credit-focused investment platform, KKR & CO, a global investment firm, Apollo Global Management, an alternative investment manager, and Goldman Sachs Alternatives, an alternative investments platform, to acquire a 49.9% stake in Port Arthur Project phase 2 from Sempra, an energy network infrastructure company, for $7bn. "We are proud to partner with Sempra Infrastructure on this critical project which will help address rising global energy demands. The partnership highlights Blackstone’s focus on providing large scale and flexible high-grade capital solutions to the world’s leading corporations,” Rick Campbell, Blackstone Credit & Insurance Senior Managing Director.