Access here alternative investment news about Abu Dhabi Wealth Fund Adds $615mm Cheniere Stake
LPNEWS

Abu Dhabi Wealth Fund Adds $615mm Cheniere Stake

by rigzone.com posted 1week ago 25 views
Abu Dhabi's main sovereign wealth fund disclosed a 5.1% stake in Cheniere Energy Inc.: (Bloomberg) -- Abu Dhabi’s main sovereign wealth fund disclosed a 5.1% stake in Cheniere Energy Inc., the largest U.S. exporter of liquefied natural gas. Abu Dhabi Investment Authority disclosed its holding in a filing dated Monday, giving it an interest in Cheniere valued at $615 million. It’s Cheniere’s fourth-largest shareholder, according to data compiled by Bloomberg. The Trump administration has touted LNG exports as more than an economic boon for the U.S., viewing the shipments also as a foreign policy tool for spreading American influence abroad.

In this article