EDF sells stake in Dunkirk LNG terminal
Published by David Rowlands,
According to the statement, the transaction was made on the basis of an average enterprise value of €2.4 billion for the Dunkerque LNG company. The disposal will contribute towards the reduction of the EDF Group’s net financial debt by €1.5 billion.
With the transaction, EDF claims that it has now realised €9.6 billion of its targeted €10 billion asset disposal plan. The objective of finalising the plan by the end of 2018 is confirmed.
Read the article online at: https://www.lngindustry.com/regasification/31102018/edf-sells-stake-in-dunkirk-lng-terminal/
You might also like
Keep liquefaction running smoothly with Panametrics
Accurate flow rate measurement during LNG liquefaction is essential. But how do you know if your flow meter can handle potential pressure drops, temperature changes, and the extreme conditions of the cryogenic process? Download Panametrics’ new case study to learn how its flow meters can deliver extremely accurate LNG flow measurements.