Excelerate takes outright ownership of four FSRUs

Excelerate Energy has completed the acquisition of EXMAR’s 50% interest in companies that own four floating storage and re-gasification units.

Offshore staff

ANTWERP, BelgiumExcelerate Energy has completed the acquisition of EXMAR’s 50% interest in companies that own four floating storage and re-gasification units (FSRUs).

EXMAR has used some of the proceeds to pay back outstanding loans.

The company’s affiliate EXMAR Shipmanagement will continue to undertake management services for the nine FSRUs in Excelerate Energy’s fleet.

12/08/2017

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