New Affiliate of GE Energy to Invest in Gulf LNG Terminal Partner

Lightfoot Capital Partners has announced that it will buy a 48% stake in Arc LNG Holdings LLC, a firm that owns a 20% stake in the Gulf LNG regasification terminal. GE Energy Financial Services, which already owns a 50% position in the Gulf LNG terminal, will buy a 58% position in Lightfoot Capital Partners. BusinessWeek provides additional coverage.

Separately, WLOX News reports that the formal opening ceremony for the Gulf LNG regasification terminal is planned for this Thursday, October 27.

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