RRJ, Blackstone Units Pour $372M Into Cheniere LNG Efforts

Law360, New York (February 26, 2013, 3:12 PM EST) -- Units of private equity giants RRJ Capital Partners and Blackstone Group LP will contribute $372.2 million to Houston-based Cheniere Energy Partners LP, the company said Tuesday, building on previous investments as interest mounts in the burgeoning U.S. liquefied natural gas market.

In exchange for the funding infusion, Hong Kong-based RRJ and Blackstone's GSO Capital Partners will pick up a combined 17.6 million shares in the company. The parties did not give a financing breakdown for the latest stock buy, expected to close March 1, or say...
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