LNG terminal developer Crown to go public via $685 million SPAC deal

Crown LNG Holdings, which develops liquefied natural gas terminals to operate in harsh weather conditions, on Thursday agreed to go public in New York through a merger with a blank check firm, in a deal that values the combined company at $685 million.
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August 3, 2023
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Crown LNG Signs Gas Sales MOU with India Gas Exchange

Crown LNG Holdings Limited (Nasdaq: CGBS) (“Crown” or “Crown LNG”), a leading provider of LNG liquefaction and regasification terminal technologies for harsh weather locations, announced today the execution of a Memorandum of Understanding (MOU) with the India Gas Exchange Ltd. (“IGX”), India’s first automated national level trading platform. The MOU outlines how Crown and IGX plan to cooperate on liquefied natural gas (“LNG”) sales to pipeline customers downstream from Crown’s planned LNG import terminal in Kakinada, India.
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Crown LNG Signs Gas Sales MOU with India Gas Exchange

Crown LNG Holdings Limited (Nasdaq: CGBS) (“Crown” or “Crown LNG”), a leading provider of LNG liquefaction and regasification terminal technologies for harsh weather locations, announced today the execution of a Memorandum of Understanding (MOU) with the India Gas Exchange Ltd. (“IGX”), India’s first automated national level trading platform. The MOU outlines how Crown and IGX plan to cooperate on liquefied natural gas (“LNG”) sales to pipeline customers downstream from Crown’s planned LNG import terminal in Kakinada, India.
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Crown LNG rushing to develop and start building US LNG plant while Trump in office

Crown LNG (CGBS.O), opens new tab is racing against time to develop and start construction of a liquefied natural gas export plant in the U.S. before President-elect Donald Trump's second term ends in 2029, its CEO Swapan Kataria said.
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Crown LNG rushing to develop and start building US LNG plant while Trump in office

Crown LNG (CGBS.O), opens new tab is racing against time to develop and start construction of a liquefied natural gas export plant in the U.S. before President-elect Donald Trump's second term ends in 2029, its CEO Swapan Kataria said.
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Reuters