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Energy and oilUpdated November 3

Energy Intelligence reports Mitsubishi sold an LNG Canada stake.

The earlier account was still an agreement to buy a stake. Energy Intelligence now reports Mitsubishi has sold a noncontrolling interest to a consortium led by Blackstone. The stake is in LNG Canada’s liquefaction business, not the company as a whole. The consortium will invest $3.1 billion, according to the report. The update is about the deal’s status, while the stake remains focused on that part of the business.

1 publisher1 report

Coverage started November 3

Key Actors

  • Blackstone Inc.
  • LNG Canada
  • Mitsubishi Corporation

Coverage

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