One-Page Deal Sheet
EIG Buys $384MM Stake in Kinder Morgans LNG Project
EIG Global Energy Partners, Llc Kinder Morgan, Inc.
Announced Date
March 02,2017
Transaction Type
JV
Location
Region
Gulf Coast
Country
United States
State
Georgia
Transaction Details: Require Private Equity Subscription
Kinder Morgan announced that EIG Global Energy Partners have become a 49 percent joint venture participant in Elba Liquefaction Company (ELC) which will own 10 liquefaction units and other ancillary equipment to be constructed as part of the Elba Liquefaction Project at Kinder Morgan’s existing Southern LNG Company, L.L.C.
Elba Island LNG facility near Savannah, Georgia. To acquire its membership interest, EIG has made an upfront cash payment of approximately $385 million, consisting of reimbursement to KMI for EIG’s 49 percent share of prior ELC capital expenditures, excluding capitalized…
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| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
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| Oct-17-2019 |
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| Apr-18-2017 |
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| Dec-20-2016 |
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| Sep-28-2016 |
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| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
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