Search results for: Golar Power

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  • 20 June 2016

    Golar LNG Limited said it has entered into a 50/50 joint venture with investment vehicles affiliated with New York-based private equity firm Stonepeak Infrastructure Partners.

  • 24 March 2020

    Golar LNG’s joint venture with Stonepeak Infrastructure Partners, Golar Power Limited, has reached COD on the 1.5GW Porto de Sergipe I power project.

  • 7 July 2016
    Business & Finance

    The liquefied natural gas (LNG) shipping company Golar LNG Limited said that the transactions for Golar Power Ltd, a 50/50 joint venture company between Golar and private equity firm Stonepeak Infrastructure Partners, have been completed. Golar Power, a joint venture company set up in an effort to grow in the FSRU and LNG fueled power market, received the proceeds of a USD […]

  • 22 October 2019

    The LNG terminal is expected to start operations by mid-2021.

  • 1 June 2020
    Infrastructure, Vessels

    Golar’s floating storage and regasification unit that is supplying the Sergipe power plant in Brazil has recently received another cargo of LNG via a ship-to-ship transfer. The third STS LNG transfer has taken place from May 22-24 between the FSRU Golar Nanook and LNG carrier Excalibur, according to Golar Power that operates the Sergipe power […]

  • 20 June 2016
    Business & Finance

    Liquefied natural gas (LNG) shipping company Golar LNG Limited has teamed up with private equity firm Stonepeak Infrastructure Partners to set up a joint venture company in an effort to grow in the FSRU and LNG fueled power market. The 50/50 joint venture company, Golar Power Ltd, will offer integrated LNG based downstream solutions through the ownership and operation […]

  • 19 November 2019

    Avenir LNG, a small-scale partnership between Stolt-Nielsen, Höegh LNG and Golar LNG said it will collaborate with Golar Power in developing the small-scale LNG market in Brazil.

  • 3 July 2020
    Business & Finance, Business developments & projects

    Golar Power has teamed up with Argentina’s Galileo Technologies to expand its LNG footprint in Brazil. Under the deal, Galileo will provide gas conditioning, distributed LNG production, LNG filling stations and regasification plants. Golar Power, a joint venture of Golar LNG and Stonepeak Infrastructure Partners, says this initiative will increase the share of local LNG […]

  • 16 March 2020

    Golar Power, a joint venture between Golar LNG and Stonepeak Infrastructure Partners, signed a protocol of intentions with the Pernambuco government to develop an LNG import terminal in the Port of Suape, in the northeast of Brazil.

  • 9 November 2018
    Ports & Logistics, Project & Tenders, Vessels

    LNG Croatia, the state-owned company that is developing the country’s first LNG facility on the island of Krk, has chosen Golar Power to provide a floating storage and regasification unit (FSRU) for the import project. Golar Power is a 50/50 joint venture formed by LNG carrier and FSRU owner Golar LNG and private equity firm Stonepeak […]

  • 19 April 2018
    Vessels

    Golar LNG’s joint venture with Stonepeak Infrastructure Partners, Golar Power, reached financial close on the Porto de Sergipe I LNG-to-power project in Brazil. 

  • 21 November 2016

    New York headquartered law firm Shearman & Sterling said it is serving as Golar Power’s advisor in connection with the development of Porto de Sergipe LNG-to-power project in Brazil.

  • 23 July 2020
    Business developments & projects, Project & Tenders

    Golar Power has executed a memorandum of understanding with Norsk Hydro to develop the first LNG terminal in the North of Brazil.

  • 17 October 2016
    Project & Tenders, Vessels

    Golar Power said it has taken a final investment decision on the Porto de Sergipe 1,516 MW power station project near Aracaju, Brazil.

  • 18 October 2016
    Business & Finance

    Golar Power, a join venture company between LNG shipping firm Golar LNG Limited and private equity firm Stonepeak Infrastructure Partners, has secured a long-term charter deal for the Floating Storage and Regasification Unit (FSRU) Golar Nanook. The contract for the 25-year charter was entered into in connection with the Final Investment Decision on the Porto de Sergipe Project under which the US-based firm General […]

  • 22 October 2019

    Golar LNG said that Golar Power, a (50/50) joint venture with Stonepeak Infrastructure Partners, has been awarded a 25-year power purchase agreement (PPA) for the construction of a 605MW combined cycle thermal power plant in Brazil. 

  • 19 February 2020

    Golar Power, a joint venture between Golar LNG and Stonepeak Infrastructure Partners, has formed a partnership with Petrobras Distribuidora for the development of LNG distribution businesses in Brazil.

  • 7 July 2016

    Golar LNG on Wednesday completed the transaction receiving proceeds of a US$100 million preferred note from Stonepeak and $116 million for the sale of 50 percent of the share in Golar Power.

  • 18 March 2020

    Golar Power completed the operational test oft he liquefied natural gas-fueled 1.5 GW Sergipe power plant in Porto de Sergipe, Brazil.

  • 27 August 2015
    Vessels

    Golar LNG said it is in negotiations with Brazilian power suppliers to provide a floating storage and regasification unit to a combined cycle power station. The company has in recent months been negotiating with Brazilian power partners to participate in up to 25% of this power project and has the exclusive right to provide the […]

  • 16 March 2020

    Golar Power intends to use an existing LNG carrier, permanently docked at the Suape Port for the project.

  • 10 May 2016

    Golar LNG on Tuesday said it has decided to carry out strategic organizational changes to ensure the company is able to meet the additional demand for LNG created by the industry’s transformation.