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Hoegh LNG Partners

Company Summary

Description

Höegh LNG Partners' fleet consists of modern FSRUs that operate under long-term charters with major energy companies or utilities.

Website

http://www.hoeghlngpartners.com/Pages/AboutUs.aspx

Operational Regions

  • Worldwide

Related Entities

Recent news

  • 9/5/2023 - Höegh LNG and Aker BP... (subscriber access)
  • 3/8/2023 - Hoegh LNG's FSRU Moves... (subscriber access)
  • 2/21/2023 - Hoegh LNG Purchasing... (subscriber access)
  • 12/15/2022 - FSRU Hoegh Esperanza... (subscriber access)
  • 11/28/2022 - Hoegh LNG Holdings's... (subscriber access)

Company Transactions

Date: 6/30/2021
Type: Acquisition

BUYERS:
  • Larus Holding
    • SELLERS:
  • Hoegh LNG Partners
    • DETAILS:
    NOTES:
    Leif Höegh & Co. (LHC) and Morgan Stanley, via their Larus Holding Joint Venture, are offering $2.73/share to take Hoegh LNG Holdings private. They are looking to purchase 50.4% of outstanding shares, with LHC holding the remainder already. This offer is a 36% premium to the March 5 share price, and values the firm at $211.4 million. Closing is targeted for the first half of 2021 and they need approval from 2/3 of shareholders to move forward.
    REGIONS:
  • International