CIC, GIC boost RRJ-backed Cheniere's LNG plant with $1b
China Investment Corporation (CIC) and Government of Singapore Investment Corp (GIC) are each said to have invested around $500 million in the liquefied natural gas (LNG) plant of US-based Cheniere Energy. This comes after Asia-focused private equity firm RRJ Capital and Temasek Holdings injected $468 million into the company in May.
A source told Reuters on Tuesday that the investment had taken place, while the Financial Times reported that Blackstone advised CIC on the transaction. Cheniere Energy Partners, which is said to be...
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