Canada’s Pieridae Energy picks Goldboro LNG financial advisors

For illustration purposes only (Image courtesy of Pieridae Energy)

Canadian LNG project developer Pieridae Energy said Tuesday it hired Morgan Stanley & Co. and SG Americas Securities (Société Générale) to serve as financial advisors for its Goldboro LNG export project on the east coast of Canada.

Pieridae said it aims to raise up to $10 billion in equity and project financing to “fulfill its mandate to become the first independently operated integrated LNG project in North America.”

Pieridae Energy is currently developing a 10 million tonnes/year project at the Atlantic Ocean coast. The facility will be located at the Goldboro Industrial Park in Guysborough County, Nova Scotia, Canada.

The natural gas supply feeding the project would be delivered via the existing Maritimes & Northeast pipeline.

The target markets for the LNG produced at the Goldboro LNG project are Europe, South America and Asia, according to Pieridae.

First production from the facility is expected post-2020.

 

Share this article

Follow LNG World News

Events>

<< Jul 2019 >>
MTWTFSS
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 1 2 3 4

LNGgc London

LNGgc is a fantastic way of raising attendees’ company profile within this market and creating greater awareness of their brand…

read more >

LNG Pricing, Trading & Hedging Singapore

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >

LNG Pricing, Trading & Hedging Houston

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >