BP Energy Partners buys Cryopeak LNG Solutions

BP Energy Partners buys Cryopeak LNG Solutions
Image courtesy of Cryopeak LNG Solutions

Dallas-based private equity firm BP Energy Partners has purchased a controlling interest in the Canadian Cryopeak LNG Solutions. 

The liquefied natural gas solutions company Cryopeak will become a portfolio company in BPEP’s second private equity fund, BP Natural Gas Opportunity Partners II.

In addition to the controlling interest acquisition, BPEP will also commit additional capital to Cryopeak to support its continued growth throughout North America.

Cryopeak is focused on providing industrial customers and utilities with access to natural gas in locations where natural gas pipeline services are unavailable, limited or unreliable.

The company provides LNG virtual pipeline services including LNG procurement, LNG transportation and LNG onsite equipment and support.

 

Share this article

Follow LNG World News

Events>

<< Mar 2019 >>
MTWTFSS
25 26 27 28 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

6th Mozambique Gas Summit & Exhibition

The CWC Group and ENH would like to thank all attendees, speakers, sponsors and exhibitors…

read more >

LNG2019

LNG2019 is presented by the IGU, GTI and IIR, supported by the Shanghai Government and hosted by China LNG Association, China Gas Society, The Chinese Association of Refrigeration and China Gas Association.

read more >

CWC World Gas & Power Series – Brazil & the Americas Summit

Meet with the Gas, LNG & Power Industry in Brazil & the Americas

read more >

Downstream 2019

Renowned as the most significant global meeting place for Downstream professionals…

read more >