Blackstone Energy Partners announced the sale of their 42% stake totaling $7 billion in Cheniere Energy Partners to Brookfield Infrastructure and funds managed by Blackstone Infrastructure Partners.
The private equity firm’s sale is the eight-plus year culmination of involvement with Cheniere. In 2012, Blackstone Energy Partners and its affiliates invested $1.5 billion in Cheniere Energy Partners to build the first two liquefaction trains at the Sabine Pass LNG facility in Louisiana, which was a first such facility in the lower 48 states.
The Cheniere purchase was evenly split between Brookfield Infrastructure and . . .
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