RWE Selling its 50% Share of Excelerate Energy

Posted on Aug 2, 2013 in Markets and Competition | Comments Off

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 business.

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RWE Selling its 50% Share of Excelerate Energy

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