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Squadron Energy

Company Summary

Description

A privately owned natural resources and energy sector exploration and development company within the Minderoo Group of companies, led by prominent Western Australian businessman Andrew Forrest.

Website

https://www.squadronenergy.com.au/

Operational Regions

  • Australia

Related Entities

Recent news

  • 3/22/2022 - Australia's First LNG... (subscriber access)
  • 11/13/2020 - Squadron Energy Secures... (subscriber access)
  • 10/20/2020 - Squadron Energy Acquires... (subscriber access)

Company Transactions

Date: 10/20/2020
Type: Acquisition

BUYERS:
  • Squadron Energy
    • SELLERS:
  • Australian Industrial Energy
  • Jera
  • Marubeni Corporation
    • PROJECTS:
  • Port Kembla Gas Terminal (PKGT)
    • DETAILS:
    NOTES:
    Private firm Squadron Energy, helmed by billionaire Andrew Forrest, has acquired full control of the Port Kembla Gas Terminal. They bought out a 30.1% stake in Australian Industrial Energy from Marubeni and a 19.1% stake from JERA for an undisclosed price.
    REGIONS:
  • Australia