Cheniere Energy Partners, L.P. (CQP) said Monday that it has entered into a purchase agreement with institutional investors to sell about 17.6 million common units for net proceeds, after deducting expenses, of about $372.2 million, which includes the general partner's proportionate capital contribution of about $7.4 million to maintain its 2% general partner interest.
Investors primarily include affiliates of RRJ Capital and GSO Capital. The offering is expected to close and settle on March 1.
Cheniere Partners said it plans to use the proceeds from the offering for costs associated with the liquefaction project being developed adjacent to the existing Sabine Pass LNG terminal and general business purposes.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.