GasEntec announces new ownership structure
Published by Jessica Casey,
Editor
LNG Industry,
GasEntec Holdings Inc., a global LNG technology and assets company, has announced a new ownership structure designed to accelerate GasEntec’s next phase of growth and expand the commercialisation of its proprietary LNG technologies and solutions.
A consortium led by the Groupe Mimran has acquired a majority stake in GasEntec Holdings Inc., a US holding company, supporting GasEntec’s global growth. Under the new structure, GasEntec Holdings is the parent company of GasEntec’s South Korean operating business. Prior shareholders have exited in full. GasEntec’s customer relationships, contracts, engineering organisation, and ongoing global operations remain unchanged.
GasEntec will continue to operate independently, with its technology development, engineering and operations centred in South Korea and an expanding commercial presence across global markets.
The new structure provides GasEntec with additional capital and strategic resources to build on its history of LNG innovation and project execution. GasEntec is expanding its technology portfolio, accelerating the commercialisation of proprietary solutions and pursuing new infrastructure opportunities across the global LNG value chain.
Building on a proven track record across geographies and asset types, GasEntec is accelerating investment in technology development and expanding into adjacent opportunities.
Arieh Mimran, Chief Investment Officer of the Groupe Mimran, serves as Chairman of GasEntec Holdings.
“This marks an important new chapter for GasEntec,” said Mimran. “GasEntec has built an exceptional foundation of LNG technology, engineering expertise and real-world project execution. The investment aims to provide the long-term capital and strategic support to help the company scale those capabilities globally. The market increasingly needs energy infrastructure that can be delivered quickly, deployed flexibly and expanded as demand grows – and that is precisely where GasEntec excels.”
GasEntec enters this next phase as an independent, well-capitalised global LNG technology and infrastructure company, focused on scaling its proprietary technologies, expanding its project portfolio and addressing growing demand for faster, more flexible energy infrastructure worldwide.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/11092026/gasentec-announces-new-ownership-structure/
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