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Blackstone mulls Cheniere Energy stake sale

Bloomberg Blackstone Group is considering selling its stake in Cheniere Energy Partners LP, according to people familiar with the matter, seven years after agreeing to invest about $1.5 billion in the owner of the first major liquefied natural gas export terminal in the US. The private equity firm is working with an adviser on a potential sale of its interest ...

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German clean-energy fund to invest in US solar projects

Bloomberg Germany-based clean-energy fund Hep Kapitalverwaltung AG agreed to invest $50 million to $80 million annually in a partnership to develop small solar projects in the US. Hep and ReNew Petra, a North Carolina-based renewable energy company, plan to jointly develop more than 100 megawatts of solar annually, according to a statement. Their venture, Emerald Hills Holding, will enable ReNew ...

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China’s Oriental Energy plans trading unit IPO

Bloomberg Oriental Energy Co, China’s biggest importer of liquefied petroleum gas (LPG), is considering an initial public offering (IPO) of its trading and logistics unit on the Singapore stock exchange. The company is in discussions with the exchange and the city-state’s government about the share sale for its subsidiary Oriental Energy (Singapore) International Trading Pte, according to an official at ...

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