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
