EFG partners with West Face Capital to finance option in LNG project
Energy Fundamentals Group LLC (EFG) has agreed to partner with West Face Capital to develop a financing plan that will allow it to buy up to 20 percent equity interest in the Jordan Cove Energy Project. Jordan Cove is a liquefied natural gas (LNG) facility proposed for construction in Coos Bay, Oregon. The project is currently owned by Calgary-based energy infrastructure company Veresen Inc (TSE: VSN). EFG is a U.S. energy investment and advisory services business. Headquartered in Toronto, West Face is a private investment firm with managed assets of over $2.5 billion. At present, West Face has three investments in the LNG industry.
17 April 2015•3 mins read
