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News

National Grid to Sell LNG Terminal to Centrica, Bridgepoint

GlobalData on MSN · 9h
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.
Seeking Alpha on MSN · 12h
Centrica and Energy Capital Partners to acquire Grain LNG terminal for $2 billion
British Gas owner Centrica (OTCPK:CPYYF) will be jointly buying National Grid's Grain LNG terminal with U.S.-based Energy Capital Partners for an enterprise value of about 1.5 billion pounds ($2.04 billion),
The Wall Street Journal on MSN · 12h
National Grid to Sell LNG Terminal to Centrica, Bridgepoint for $2.25 Billion
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.
8hon 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.
9hon 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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Related topics

National Grid
Centrica
Energy Capital Partners
CK Infrastructure
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