Law360, New York (May 15, 2012, 4:44 PM ET) -- The Blackstone Group LP will buy $1.5 billion in stock units at a discount from Cheniere Energy Partners LP, locking in the final piece of financing for Cheniere's plans to export U.S. shale gas, according to deal terms announced Tuesday.
Blackstone will pay $15 per unit, a 40 percent discount to Monday's close price. Cheniere's parent company Cheniere Energy Inc. will also buy $500 million in newly issued units.
The deal follows a $468 million infusion last week by Singapore's state-owned Temasek Holdings Pte. Ltd. and...
Blackstone Bets $1.5B On Cheniere's LNG Export Plans
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