Cheniere Energy (LNG) Higher As China Plans to Invest in LNG Plant
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Shares of Cheniere Energy Partners Ltd (NYSE: LNG) are moving higher in pre-market trading Tuesday following reports that China's sovereign wealth fund will invest in the first LNG export terminal in the U.S. outside Alaska.
In all, a $1.5 billion equity investment is being led by Blackstone, along with the Government of Singapore Investment Corp and the State of Louisiana.
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In all, a $1.5 billion equity investment is being led by Blackstone, along with the Government of Singapore Investment Corp and the State of Louisiana.
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