Canadian pension funds will be among the new investors in LNG Canada's Kitimat export terminal after one of the venture's joint partners sells off part of its stake in the development. Read More
New investors spend $3.1 billion US buying into LNG Canada's expansion plans
VA
Vancouver SunBy Derrick PennerEXECUTIVE SUMMARY
U.S. investment firm Blackstone and Canadian pension funds including the CPP Investment Board will spend US$3.1 billion to buy half of Mitsubishi Corp.'s stake in LNG Canada
Key Takeaways
- New investors spend $3.1 billion US buying into LNG Canada's expansion plans.
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Published originally on Vancouver Sun
