GE’s Energy Investing Unit Pumps $150 Million into Liquefied Natural Gas Terminal, Expanding Core US Infrastructure
Apr 1st, 2010 | By Environmental Headlines -- CT environmental news | Category: Energy Conservation, LNGGE Energy Financial Services — pursuing its strategy of helping to build core, essential energy infrastructure — has announced that it is investing $150 million in a liquefied natural gas receiving terminal under construction in Mississippi that will increase natural gas supplies to the Northeast and Southeast United States. The business unit of GE is acquiring Houston-based investor Crest Group’s 30 percent interest in the fully contracted $1.1 billion Gulf LNG Energy terminal, expected to be completed late next year.








