(“JERA Americas”) is the U.S.-based subsidiary of global energy leader JERA Co., Inc. (“JERA”), the world’s largest buyer of liquefied natural gas (“LNG”).
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Global Infrastructure Partners has sold off its 25.7% stake in Freeport LNG Development, LP, to JERA Americas for $2.5 billion. GIP originally bought the stake in 2015.
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JERA has acquired the 300-MW El Sauz Wind Project in Willacy County, Texas, from Apex Clean Energy. Construction is scheduled to begin in early-2022 and will be completed by 4Q22.