Feature
April 2012, Vol. 239 No. 4
Blackstone To Invest $2 Billion For Sabine Pass Liquefaction Project
Cheniere Energy Partners, L.P. has entered into an exclusive arrangement with Blackstone Energy Partners L.P., Blackstone Capital Partners VI L.P., and certain affiliates in which Blackstone would provide financing worth $2 billion to fund the equity portion of the costs of developing, constructing and placing into service its Sabine Pass liquefaction project being developed at the Sabine Pass LNG terminal, the purchase of the Creole Trail pipeline from Cheniere Energy, Inc. and other partnership business purposes.