Global Infrastructure Partners

Hess Midstream LP Announces Pricing of Secondary Public Offering of Class A Shares

Retrieved on: 
木曜日, 5月 30, 2024
Professional Services, Other Energy, Utilities, Oil, Gas, Energy, Finance, Security (finance), Exercise, Global Infrastructure Partners, Sale, J. P. Morgan

The Selling Shareholder has granted the underwriter a 30-day option to purchase up to 1,500,000 additional Class A shares.

Key Points: 
  • The Selling Shareholder has granted the underwriter a 30-day option to purchase up to 1,500,000 additional Class A shares.
  • HESM will not receive any proceeds from the sale of Class A shares in the offering.
  • The offering is expected to close on May 31, 2024, subject to customary closing conditions.
  • J.P. Morgan is acting as the bookrunning manager of the offering.

SHAREHOLDER ALERT: Halper Sadeh LLC Continues to Investigate ALE, AGS, BLBX, NX; Shareholders are Encouraged to Contact the Firm

Retrieved on: 
水曜日, 5月 29, 2024
CPP Investment Board, Sale, Advertising, Fraud, Global Infrastructure Partners, Security (finance)

If you are a PlayAGS shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a PlayAGS shareholder, click here to learn more about your rights and options .
  • Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
  • Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

Hess Midstream LP Announces Secondary Public Offering of Class A Shares

Retrieved on: 
水曜日, 5月 29, 2024
Professional Services, Other Energy, Utilities, Oil, Gas, Energy, Finance, Security (finance), Global Infrastructure Partners, Sale, J. P. Morgan

Hess Midstream LP (NYSE: HESM) (“HESM”) today announced the commencement of an underwritten public offering of an aggregate of 10,000,000 Class A shares representing limited partner interests in HESM by an affiliate of Global Infrastructure Partners (the “Selling Shareholder”).

Key Points: 
  • Hess Midstream LP (NYSE: HESM) (“HESM”) today announced the commencement of an underwritten public offering of an aggregate of 10,000,000 Class A shares representing limited partner interests in HESM by an affiliate of Global Infrastructure Partners (the “Selling Shareholder”).
  • The Selling Shareholder intends to grant the underwriters a 30-day option to purchase up to 1,500,000 additional Class A shares.
  • HESM will not receive any proceeds from the sale of Class A shares in the offering.
  • J.P. Morgan is acting as the bookrunning manager of the offering.

ADNOC Secures Equity Position and LNG Offtake Agreement in NextDecade’s Rio Grande LNG Project

Retrieved on: 
月曜日, 5月 20, 2024
Oil, Gas, Sustainability, Environment, Alternative Energy, Energy, Chemicals, Plastics, Green Technology, Manufacturing, Carbon, Partnership, FOB, FID, GIP, Engineering, Phase 1, CCS, Train, Global Infrastructure Partners, EPC, Acquisition, Natural gas, CO2, Carbon dioxide, ADNOC

ADNOC announced today the acquisition of a 11.7% stake in Phase 1 (Trains 1-3) of NextDecade Corporation’s (NextDecade) (Nasdaq: NEXT) Rio Grande LNG (RGLNG), a leading liquefied natural gas (LNG) export project located in Texas, United States (US), which is expected to produce a less carbon-intensive LNG.

Key Points: 
  • ADNOC announced today the acquisition of a 11.7% stake in Phase 1 (Trains 1-3) of NextDecade Corporation’s (NextDecade) (Nasdaq: NEXT) Rio Grande LNG (RGLNG), a leading liquefied natural gas (LNG) export project located in Texas, United States (US), which is expected to produce a less carbon-intensive LNG.
  • Additionally, ADNOC and NextDecade announced that they have entered into a 20-year LNG offtake agreement from RGLNG Train 4.
  • Matt Schatzman, NextDecade’s Chairman and Chief Executive Officer, said: “We are excited to begin a multi-decade partnership with ADNOC, a major player in the global LNG market, and we look forward to having them as both a commercial offtaker and an equity partner in Rio Grande LNG.
  • LNG from our facility will allow ADNOC to further increase its presence in the global LNG market, while also supplying global customers with more affordable and less carbon-intensive LNG.”
    ADNOC’s acquisition of an equity stake in Phase 1 (Trains 1-3) of Rio Grande LNG also secures the option from GIP for equity participation in the future Trains 4 and 5 of the project.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates ALE, PRFT, LSAK, SLCA

Retrieved on: 
木曜日, 5月 9, 2024
Sale, Noetics, Global Infrastructure Partners, Perficient, Advertising, Lesaka Technologies, CPP Investment Board, Fraud, Security (finance)

If you are an ALLETE shareholder, click here to learn more about your rights and opt ions .

Key Points: 
  • If you are an ALLETE shareholder, click here to learn more about your rights and opt ions .
  • If you are a Perficient shareholder, click here to learn more about your rights and options .
  • Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates ALE, PRFT, CHX, HRT

Retrieved on: 
火曜日, 5月 7, 2024
Sale, HireRight, Global Infrastructure Partners, Perficient, Advertising, SLB, General Atlantic, CPP Investment Board, Fraud, Security (finance)

If you are an ALLETE shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are an ALLETE shareholder, click here to learn more about your rights and options .
  • If you are a Perficient shareholder, click here to learn more about your rights and options .
  • Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

ALLETE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of ALLETE, Inc. - ALE

Retrieved on: 
火曜日, 5月 7, 2024
Class Action Lawsuit, Professional Services, Legal, Sale, KSF, Global Infrastructure Partners, CPP Investment Board

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of ALLETE, Inc. (NYSE: ALE) to Canada Pension Plan Investment Board (“CPP”) and Global Infrastructure Partners (“GIP”).

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of ALLETE, Inc. (NYSE: ALE) to Canada Pension Plan Investment Board (“CPP”) and Global Infrastructure Partners (“GIP”).
  • Under the terms of the proposed transaction, shareholders of ALLETE will receive $67.00 in cash for each share of ALLETE that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

ALE Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of ALLETE, Inc. Is Fair to Shareholders

Retrieved on: 
月曜日, 5月 6, 2024
Class Action Lawsuit, Professional Services, Legal, Sale, CPP, GIP, Global Infrastructure Partners, CPP Investment Board, Advertising, Fraud

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of ALLETE, Inc. (NYSE: ALE) to Canada Pension Plan Investment Board (“CPP”) and Global Infrastructure Partners (“GIP”) for $67.00 per share in cash is fair to ALLETE shareholders.

Key Points: 
  • Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of ALLETE, Inc. (NYSE: ALE) to Canada Pension Plan Investment Board (“CPP”) and Global Infrastructure Partners (“GIP”) for $67.00 per share in cash is fair to ALLETE shareholders.
  • On behalf of ALLETE shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.
  • Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

ALLETE Enters Agreement to be Acquired by a Partnership Led by Canada Pension Plan Investment Board and Global Infrastructure Partners to Advance ‘Sustainability-in-Action’ Strategy

Retrieved on: 
月曜日, 5月 6, 2024
Professional Services, Other Energy, Utilities, Alternative Energy, Energy, Finance, Slate, Sale, Organization, Workforce, Global Infrastructure Partners, Minnesota Public Utilities Commission, Investment, Safety, CPP, Federal Energy Regulatory Commission, Partnership, FERC, SWL, Carbon, Growth, Wind, Culture, Public Service Commission, Family, Utility, Light, Acquisition, Community, GIP, CPP Investment Board, Renewable energy

ALLETE is a leading energy company and provider of safe, reliable, and competitively priced energy with a national footprint.

Key Points: 
  • ALLETE is a leading energy company and provider of safe, reliable, and competitively priced energy with a national footprint.
  • CPP Investments and GIP are premier, well-resourced infrastructure investors at a global scale with deep industry expertise and long-term outlooks.
  • Together, they bring over four decades of experience investing in large-scale infrastructure businesses across sectors to support sustainable, long-term growth.
  • In light of the announced transaction with CPP Investments and GIP, ALLETE will be cancelling its scheduled earnings conference call.

Hess Midstream LP Reports Estimated Results for the First Quarter of 2024

Retrieved on: 
木曜日, 4月 25, 2024
Professional Services, Other Energy, Utilities, Oil, Gas, Energy, Finance, Global Infrastructure Partners, Capital, Hess Corporation, Capital expenditure, Sponsor, Growth, Water, General partnership, GAAP, Petroleum

Hess Midstream LP (NYSE: HESM) (“Hess Midstream” or the "company") today reported first quarter 2024 net income of $161.9 million compared with net income of $142.2 million for the first quarter of 2023.

Key Points: 
  • Hess Midstream LP (NYSE: HESM) (“Hess Midstream” or the "company") today reported first quarter 2024 net income of $161.9 million compared with net income of $142.2 million for the first quarter of 2023.
  • We refer to certain results as “attributable to Hess Midstream LP,” which exclude the noncontrolling interests in Hess Midstream Operations LP owned by the Sponsors.
  • Revenues and other income in the first quarter of 2024 were $355.6 million compared with $305.0 million in the prior‑year quarter.
  • For 2025 and 2026, Hess Midstream continues to expect organic throughput volume growth across all systems relative to 2024 volume guidance.