Golar LNG has teamed up with a US-based private equity firm to develop its LNG carrier conversion plans through an initial equity boost of $290m.
Stonepeak Infrastracture Partners will be Golar’s partner in the 50-50 joint venture (JV), to be called Golar Power.
Luke Taylor, Stonepeak’s senior managing director, said: “We are excited to partner with the leading player in the LNG downstream market and see compelling opportunities in this market to build and operate long-term LNG and power infrastructure with high quality counterparties.”
Golar
