RRJ Teams with Blackstone, Temasek to Invest in Cheniere
February 27, 2013
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Based in Hong Kong and Singapore, PE firm RRJ Capital has reportedly partnered with The Blackstone Group and Seatown Holdings, Temasek's hedge fund division, to invest $372 million in Cheniere Energy (NYSE: LNG). RRJ led the investment with about $300 million in commitments; Blackstone and Seatown jointly invested a little over $70 million. Cheniere is a Houston-based energy company primarily engaged in liquid natural gas businesses. RRJ and Temasek invested about $468 million in the company last May; Blackstone's GSO Capital Partners closed a $250 million senior secured convertible loan in the company in August 2008.
