Cheniere Energy Partners CQP announced today that its Board of
Directors has made a positive final investment decision to construct the first
two liquefaction trains of the Sabine Pass liquefaction project (the
"Liquefaction Project"). FID is subject to the closing of the debt financing,
funding of the initial equity investment by Blackstone Energy Partners L.P.,
Blackstone Capital Partners VI L.P., and certain affiliates (collectively,
"Blackstone"), and funding of the remaining equity investment by Cheniere
Energy, Inc. ("CEI").
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