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National Grid to Sell LNG Terminal to Centrica Consortium

The Wall Street Journal on MSN · 2h

National Grid to Sell LNG Terminal to Centrica Consortium in $2 Billion Deal

Grain LNG comprises two National Grid subsidiaries which own and operate the U.K.’s largest liquefied natural gas import terminal under-long term contracts.

Yahoo Finance · 5h

Centrica to acquire Isle of Grain LNG terminal from National Grid

The enterprise value of the transaction is £1.5bn ($2bn), with Centrica's equity investment amounting to approximately £200m for a 50% share.

Reuters on MSN · 7h

Centrica, Energy Capital Partners to buy National Grid's LNG terminal for $2 billion

(Reuters) -British Gas owner Centrica will jointly buy National Grid's Grain LNG terminal with U.S.-based infrastructure investor Energy Capital Partners (ECP), it said on Thursday, for an enterprise value of about 1.

4hon MSN

British Gas owner buys huge LNG terminal for £1.66bn

The sale needs approval from regulators and the government, but is expected to go through by the end of the year.

4hon MSN

British Gas owner takes stake in Europe’s biggest LNG terminal in £1.5bn deal

Centrica and Energy Capital Partners have agreed to acquire the Isle of Grain terminal from current owner National Grid.

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