Posted on Dec 22, 2011 in
Financing,
Liquefaction |
Comments Off on GDF Suez and China Investment Corp. Close Deal for Equity Stake in Atlantic LNG, Other Assets
GDF Suez and the China Investment Corp. (CIC) have closed a deal whereby CIC will acquire GDF Suez’s 10% equity stake in the Atlantic LNG liquefaction facility in Trinidad and Tobago. According to a GDF Suez spokesperson, the deal also includes the transfer of production payments for Atlantic LNG’s trains 2, 3, and 4, for a total value of 600 million Euros. Platts LNG Daily...