RRJ Teams with Blackstone, Temasek to Invest in Cheniere
February 27, 2013
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.