HomeNewsGlobal Infrastructure Partners Announces Agreement to Sell Interest in Freeport LNG to JERA Americas for $2.5 billion

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Global Infrastructure Partners Announces Agreement to Sell Interest in Freeport LNG to JERA Americas for $2.5 billion

11/19/2021

Global Infrastructure Partners - Press release Global Infrastructure Partners (“GIP”), a leading independent infrastructure investor, announced today an agreement to sell its 25.7% interest in Freeport LNG Development, L.P. (“Freeport”) to JERA Americas Inc. for US$2.5 billion, subject to customary purchase price adjustments. GIP’s second flagship fund, Global Infrastructure Partners II, acquired the stake in 2015. JERA Americas Inc. (“JERA Americas”) is the U.S.-based subsidiary of global energy leader JERA Co., Inc. (“JERA”), the world’s largest buyer of liquefied natural gas (“LNG”). JERA, through its subsidiaries, owns 25% of Freeport LNG Train 1 and purchases and transports 2.32 mtpa

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