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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Temasek Holdings sets up new unit to invest in LNG

Posted on 10 April 2013

Singapore’s sovereign wealth fund Temasek Holdings has set up a new investment unit that will focus on liquefied natural gas (LNG. The new unit, named Pavilion Energy, will be a wholly-owned unit with an initial capital of 1 billion Singapore dollars (800 million U.S. dollars), local Chinese daily Lianhe Zaobao reported.
The company plans to be operational by September. It will operated in North America, Europe, Asia, Africa and Australia and will make joint investments with its parent………………………………………..Full Article: Source


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