RWE May Seek 50% Stake in Excelerate Energy

Posted on Dec 6, 2007 in Financing | Comments Off

Citing anonymous sources speaking on the sidelines at an industry conference in Rome, Platts LNG Daily [subscription required] reports that German-based gas and distribution company RWE may seek a 50% stake in U.S.-based Excelerate Energy. Though rumors have circulated over the past two years that Excelerate may be for sale, Platts notes that its sources suggest this agreement may eventually be completed.

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RWE May Seek 50% Stake in Excelerate Energy

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