Posted on Aug 2, 2013 in
Markets and Competition |
Comments Off on RWE Selling its 50% Share of Excelerate Energy
German utility company RWE is selling its 50% share in Excelerate Energy to Excelerate’s co-owner, George B. Kaiser. According to the press release, the global LNG market has developed to the point where RWE’s possession of Excelerate’s LNG assets is no longer required for RWE’s success in the LNG trading...