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Stonepeak to Acquire Interest in Woodside's Louisiana LNG

1. Stonepeak to acquire 40% interest in Louisiana LNG, enhancing Woodside's market presence.

M&A
-0.77%Current Return
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-0.18%S&P 500
$11.6304/06 08:34 PM EDTEvent Start
$11.5404/08 02:47 AM EDTLatest Updated
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FAQ

Why Bullish?

This acquisition could enhance WDS's growth in the LNG sector, similar to previous expansions that drove stock value. The Gulf Coast location boosts WDS’s strategic positioning, likely increasing investor confidence and demand.

How important is it?

This acquisition directly impacts the operational and financial growth prospects for WDS, making it highly relevant. The strategic alignment with LNG production promises potential revenue growth and market expansion.

Why Long Term?

The benefits of this acquisition may unfold over the coming years as the LNG market develops. Historical growth patterns in LNG investments have shown positive outcomes for firms in this sector.

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WDSSRETC EnergyBHP
NEW YORK--(BUSINESS WIRE)--Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced an agreement to acquire a 40% interest in Louisiana LNG Infrastructure LLC (“Louisiana LNG” or the “Project”), a liquefied natural gas production and export terminal in Calcasieu Parish, Louisiana owned by Woodside Energy Group Ltd (“Woodside”)(ASX: WDS, NYSE: WDS). The Project, positioned in the heart of the Gulf Coast LNG corridor with close proximity to.

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