Centrica Buys UK’s Biggest LNG Import Terminal for $2 Billion ...Middle East

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Centrica Buys UK’s Biggest LNG Import Terminal for $2 Billion
source : OILPRICE ( Middle East ) () 79
The owner of British Gas, Centrica, has partnered with investment firm Energy Capital Partners LLP to buy the UK’s largest LNG import terminal at the Isle of Grain for an enterprise value of $2 billion (£1.5 billion).  Centrica and Energy Capital Partners are buying the Isle of Grain terminal, known as Grain LNG, from National Grid, the UK energy firm said on Thursday.   Part-owning Grain LNG is in line with Centrica’s strategy of investing in critical energy infrastructure assets, aligned to the energy transition…

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