KKR and a consortium of investors have acquired a 49.9% minority equity interest in Sempra Infrastructure Partners' Port Arthur LNG Phase 2 project for $7 billion, aimed at enhancing LNG production capacity amid growing global demand.

Target Information

Sempra Infrastructure Partners is a prominent player in the energy sector, focusing on the development of infrastructure for natural gas and renewable energy. The company is now advancing Phase 2 of its Port Arthur LNG project, which is set to significantly enhance LNG production capabilities. This new phase will incorporate two natural gas liquefaction trains, a dedicated LNG storage tank, and several associated facilities, with a projected production capacity of approximately 13 million tonnes per annum (mtpa) of liquefied natural gas (LNG) sourced from the United States.

In conjunction with other stakeholders, Sempra Infrastructure Partners aims to meet growing global energy demands by expanding its LNG offerings. The company maintains a solid reputation for executing large-scale energy projects and is committed to sustainable practices in its operations.

Industry Overview in the United States

The LNG industry in the United States has experienced exponential growth in recent years, driven by technological advancements in extraction and liquefaction processes, alongside increasing global demand for cleaner energy alternatives. The U.S.