Developer of US gas export project weighs reverse merger with idled tech company
By Rachel Adams-Heard + - The developer of the Delfin LNG export project proposed for offshore Louisiana is considering going public via a reverse merger, according to a source familiar with the matter, a method two other U.S. LNG export hopefuls have used successfully in the past year to access capital markets.
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The company is working to reach a final investment decision, or FID, on its $7 billion LNG export venture, which is one of four fully permitted projects awaiting FID that have been proposed.
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