Kirkland Advises Leif Höegh & Co Ltd. and Funds Managed by Morgan Stanley Infrastructure Partners on Recommended Offer for Höegh LNG Holdings Ltd.

Kirkland & Ellis is advising Leif Höegh & Co. Ltd. (“LHC”) and Funds managed by Morgan Stanley Infrastructure Partners through a 50/50 joint venture vehicle, Larus Holding Limited (“JVCo”), to acquire the remaining issued and outstanding shares of Höegh LNG Holdings Ltd (the “Company”) not currently owned by LHC or its affiliates. The acquisition will be effected by way of amalgamation between a subsidiary of JVCo and the Company, and values the total share capital of the Company at approximately NOK 1,815 million.

The Company’s group operates world-wide with a leading position as owner and operator of floating LNG import terminals; floating storage and regasification units (FSRUs), and is one of the most experienced operators of LNG Carriers (LNGCs). The Company is publicly listed on the Oslo stock exchange.

Read the transaction press release

The Kirkland team was led by transactional partners Stuart Boyd and Sam Whittaker and associates Victoria Legg and Max Mugnaioni; investment funds partners Jonathan Tadd and Benjamin Harding; debt finance and capital markets partners Evgeny Zborovsky, Tim Volkheimer and Karen Ford; antitrust & competition partner Michael D. Thorpe and associate Chris Boyd; tax partner Mavnick Nerwal and associate Anthony Antioch; and US transactional partners Sean T. Wheeler and Enoch Varner.