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Tuesday, November 11, 2014 9:25:01 AM
The proceeds from the convertible notes issued by Cheniere will be used to fund a portion of the Corpus Christi liquefaction project in Texas , the companies said in a statement viewed by The Wall Street Journal.
Asian private-equity firm RRJ Capital and Temasek have both made previous investments in Cheniere Energy, which is focused on developing liquefied natural gas that can be exported from the U.S.
The deal is expected to close on Nov. 28 , the parties said. Under the terms of the deal, RRJ Capital will have a right to transfer a portion of the convertible notes to Temasek .
Write to Rick Carew at rick.carew@gmail.com
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