Apollo Global Management, Blackstone and KKR are reportedly competing to buy a significant stake in Shell's LNG Canada project. The article does not disclose valuation, size of the stake, or timing, but the process signals continued private capital appetite for large-scale energy infrastructure assets. The news is modestly market-relevant for Shell and the LNG/infrastructure space, though it is still preliminary.
Apollo Global Management, Blackstone and KKR are reportedly competing to buy a significant stake in Shell's LNG Canada project. The article does not disclose valuation, size of the stake, or timing, but the process signals continued private capital appetite for large-scale energy infrastructure assets. The news is modestly market-relevant for Shell and the LNG/infrastructure space, though it is still preliminary.
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