ADIA discloses $615 million investment in US exporter of liquefied natural gas

September 16, 2020

Per a filing with the U.S. Securities and Exchange Commission, and according to an article published by World Oil, UAE-based sovereign wealth fund Abu Dhabi Investment Authority (ADIA) acquired 5.05% of Cheniere Energy, becoming its fourth largest shareholder. Cheniere is the largest exporter of liquefied natural gas in the US and is a Fortune 500 Company.

According to the article released by Yahoo Finance, apart from Abu Dhabi, other Middle Eastern state-owned companies have shown interest in holding equity in US LNG export facilities, including Aramco.

Read the original article on Yahoo Finance:  Cheniere Energy Sells Its 5.05% Stake to State-Owned ADIA