Blackstone-Led Group to Buy 49.9% Stake in Mitsubishi’s LNG Canada Holding Company for $3.1 Billion
Bitget2026/11/02 06:30- Blackstone-managed funds and Canadian institutional investors agreed to invest $3.1 billion for a 49.9% non-controlling stake in a Mitsubishi subsidiary.
- The subsidiary holds Mitsubishi's interest in LNG Canada's liquefaction business.
- Mitsubishi will remain the controlling partner and retain its full share of LNG offtake.
- LNG Canada's Phase 2 expansion will double production capacity to 28 million tonnes annually.
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