Market Chatter: Carlyle Group Weighs Equity Investment in Commonwealth LNG

MT Newswires Live01-15

Carlyle Group (CG) is weighing an investment in Commonwealth LNG, a proposed liquefied natural gas export project in Louisiana, Bloomberg reported Wednesday, citing people familiar with the matter.

The potential investment would take the form of an equity stake in Commonwealth LNG, which is owned by Kimmeridge Energy Management, the report said.

Carlyle Group did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 64.29, Change: -1.20, Percent Change: -1.83

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment