Fairview Capital cuts Hoegh LNG stake

For illustration purposes only (image courtesy of Höegh LNG)

Darlington Partners, a fund managed by the US-based Fairview Capital Investment Management, has reduced its stake in Norwegian floating liquefied natural gas (LNG) giant Höegh LNG.

The fund sold 2 million shares in Höegh LNG on April 5, according to a Höegh LNG statement.

After the transaction, Darlington Partners holds a total of 1.87 million shares in Höegh LNG, corresponding to 2.5% of the shares and votes, the company said.

Höegh LNG’s shares closed the trading day at 45.55 Norwegian Krone ($5.8) per share on the Oslo Stock exchange on Thursday.

Worth mentioning, Höegh LNG has this week taken the delivery of Höegh Esperanza, its eighth floating storage and regasification unit (FSRU).

The company has two more FSRUs under construction at the South Korean shipyards Hyundai Heavy Industries and Samsung Heavy Industries.


LNG World News Staff

Share this article

Follow LNG World News


<< Dec 2018 >>
26 27 28 29 30 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 5 6

Gas to Power APAC Congress 2019

The Gas to Power APAC Congress will bring together regional government officials and senior representatives from regulators…

read more >

Global LNG Forum 2019

Global LNG Forum is your opportunity to see what the future of LNG will be like…

read more >


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 >