Addleshaw Goddard and Linklaters have picked up lead roles on the financing of a liquefied natural gas terminal acquisition in Mexico. The deal saw a joint venture (JV) between Spanish gas storage company Enagas and tank storage company Royal Vopak acquire the Altamira LNG terminal in Mexico for $408m (£264m). The JV acquired 100% of the shares in the terminal from Shell (which owned 50%), Total (25%) and Mitsui & Co (25%) through the deal, which was financed with $300m (£194m) of funding from a syndicate of banks led by Mizuho Corporate Bank and ING Bank.
September 28, 2011 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Addleshaw Goddard and Linklaters have picked up lead roles on the financing of a liquefied natural gas terminal acquisition in Mexico.
The deal saw a joint venture (JV) between Spanish gas storage company Enagas and tank storage company Royal Vopak acquire the Altamira LNG terminal in Mexico for $408m (£264m).
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