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News

National Grid to Sell LNG Terminal to Centrica Consortium

GlobalData on MSN · 3d
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.
The Wall Street Journal on MSN · 3d
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.
Seeking Alpha on MSN · 3d
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),
2d

British Gas-owner buys huge LNG terminal for £1.7bn

British Gas-owner Centrica is buying one of the biggest liquefied natural gas (LNG) facilities in the UK for £1.7bn, ...
3don 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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