LNG

Golar LNG Partners, the owner of 10 LNG ships, said it would hold a special meeting of unit-holders on February 24 to vote on the takeover of the company by New Fortress Energy, the New York-based LNG and power project developer in Latin America and the Caribbean.

New Fortress Energy Inc, the New York-based company with a growing LNG projects portfolio in Latin America and the Caribbean, has entered into two deals with a combined value of $5 billion, one to acquire Golar LNG Partners and a second to take over Hygo Energy Transition, a Brazil-focused joint venture owned by Stonepeak Infrastructure Partners and shipping company Golar LNG Ltd.