Wednesday, March 26, 2025 8:20:58 PM
Intro looks good. I have updated numbers for the ownership section at the bottom if you're interested.
Effective June 12, 2018, Fairwood Peninsula’s ownership of Delfin Midstream had been reduced from 100% to 30.7%. Two other entities (Talisman Global Alternative Master, L.P. and Talisman Global Capital Master, L.P.) also own or control 10% or more of the voting securities of Delfin Midstream. Delfin Midstream continues to own 100% of Delfin LNG.
Other than Fairwood Peninsula and the Talisman funds, no other entity owns more than 10% of Delfin Midstream. Indeed, only one other entity owns more than 3.5% of Delfin Midstream: Mr. Frederick Jones.
Tokyo, June 9, 2023 -- Mitsui O.S.K. Lines ("MOL") announced today that it has entered into a strategic investment agreement with Delfin Midstream Inc ("Delfin") that accelerates growth and drives future expansion, enabling Delfin to accelerate clean low-cost LNG exports from North America to customers around the world. As part of the agreement, MOL will make an investment in Delfin and a MOL representative will join Delfin's Board of Directors.
Houston, Sept. 05, 2022 -- Delfin Midstream Inc. (“Delfin”) and Devon Energy Corporation (NYSE: DVN) (together with certain of its operating subsidiaries, collectively, “Devon”) today announced that they have entered into a liquefied natural gas (LNG) export partnership that includes an executed Heads of Agreement (“HOA”) for long-term liquefaction capacity and a pre-Financial Investment Decision (FID) strategic investment by Devon in Delfin.
Effective June 12, 2018, Fairwood Peninsula’s ownership of Delfin Midstream had been reduced from 100% to 30.7%. Two other entities (Talisman Global Alternative Master, L.P. and Talisman Global Capital Master, L.P.) also own or control 10% or more of the voting securities of Delfin Midstream. Delfin Midstream continues to own 100% of Delfin LNG.
Other than Fairwood Peninsula and the Talisman funds, no other entity owns more than 10% of Delfin Midstream. Indeed, only one other entity owns more than 3.5% of Delfin Midstream: Mr. Frederick Jones.
30.7% - Fairwood Peninsula
25.5% - Talisman Global Alternative Master, L.P. (+4.57% indirect via FP)
20.1% - Talisman Global Capital Master, L.P. (+3.60% indirect via FP)
9.3% - Frederick Jones (+1.66% indirect via FP)
5.0% - Enbridge
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90.6% - Subtotal
Other corporate partners: Bechtel, Genesis Energy, Hoegh LNG.
Tokyo, June 9, 2023 -- Mitsui O.S.K. Lines ("MOL") announced today that it has entered into a strategic investment agreement with Delfin Midstream Inc ("Delfin") that accelerates growth and drives future expansion, enabling Delfin to accelerate clean low-cost LNG exports from North America to customers around the world. As part of the agreement, MOL will make an investment in Delfin and a MOL representative will join Delfin's Board of Directors.
Houston, Sept. 05, 2022 -- Delfin Midstream Inc. (“Delfin”) and Devon Energy Corporation (NYSE: DVN) (together with certain of its operating subsidiaries, collectively, “Devon”) today announced that they have entered into a liquefied natural gas (LNG) export partnership that includes an executed Heads of Agreement (“HOA”) for long-term liquefaction capacity and a pre-Financial Investment Decision (FID) strategic investment by Devon in Delfin.
Recent TGLO News
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