Höegh LNG Owners Said to Explore Sale of Gas Infrastructure Firm

March 18, 2024, 6:13 PM UTC

The owners of Höegh LNG Holdings are exploring a potential sale of the operator of floating liquefied natural gas terminals, people familiar with the matter said.

Morgan Stanley Infrastructure Partners and Oslo-based Leif Höegh & Co. are speaking with an adviser about a range of strategic options for the company, according to the people.

MSIP and Leif Höegh own the company through a joint venture called Larus Holding Ltd. In 2023, Höegh LNG reported earnings before interest, taxes, depreciation and amortization of about $338.1 million.

Deliberations are ongoing and there’s no certainty they’ll result in a transaction, the people said, ...

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