Downeast LNG Up for Sale

Downeast LNG, sponsor of a proposed 3 million ton/year liquefaction and LNG import/export terminal near Robbinston, Maine, announced that the company will be put up for sale as of July 1, 2016.  According to the press release, Downeast LNG’s majority shareholder is energy private equity manager Yorktown Partners, which manages approximately $7 billion in energy investments.

 

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