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Sovereign Wealth Funds Briefing - Categorized | Investment

Singapore’s Temasek investing $468mln in US LNG venture

Posted on 08 May 2012

Singapore’s Temasek Holdings Pte. Ltd. and private-equity firm RRJ Capital are teaming up again to invest in the U.S.’s natural gas boom. On Tuesday, Houston-based liquefied natural gas company Cheniere Energy Inc. said Temasek and RRJ will jointly invest US$468 million for the company to develop its Sabine Pass liquefaction project in Louisiana.
Cheniere is seeking billions of dollars in investment as it adds export capability to its import terminal. Cheniere fell deeply into debt after the U.S. natural gas boom made imports into the country redundant………………………………………..Full Article: Source


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