HOUSTON: Blackstone Group is considering selling its stake in Cheniere Energy Partners LP, according to sources, seven years after agreeing to invest about US$1.5bil in the owner of the first major liquefied natural gas export terminal in the United States.
The private equity firm is working with an adviser on a potential sale of its interest in Cheniere Energy Partners, a limited partnership created by Cheniere Energy Inc, said the sources. Blackstone is seeking a premium for its stake and marketing it to a small number of infrastructure, pension and sovereign wealth funds, said the sources.
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