Sempra Energy Finalizes ConocoPhillips JV and Launches Port Arthur LNG Project

Sempra Energy reported today the launch of LNG project at Port Arthur Texas. The project is 70%-owned by SRE’s subsidiary, Sempra Infrastructure Partners, LP (Sempra Infrastructure). The company reached a positive final investment decision (FID) for the development, construction and operation of the Port Arthur LNG Phase 1 project in Jefferson County, Texas. ConocoPhillips in a joint venture with Sempra through an affiliate of COP acquired the other 30%, as a non-controlling interest in the project, Highlights Sempra Infrastructure closed … Continue reading “Sempra Energy Finalizes ConocoPhillips JV and Launches Port Arthur LNG Project”

Record Private Equity M&A deals Targeting Australian Companies

Global private markets heavyweights like KKR in the first months of 2022 have targeted Australia with mergers and acquisitions. There have already been a record 61 deals worth $40.1 billion in the first five months of the year. The standout deal is the $30 billion bid for ASX-listed Ramsay Health Care by a consortium of investors led by US private equity powerhouse KKR that also includes HESTA, the super fund. It is a worldwide shift, globally the value of global … Continue reading “Record Private Equity M&A deals Targeting Australian Companies”