Capital: Texas LNG raises funds from Third Point


[Context: Texas LNG secured funding for the Federal Energy Regulatory Commission application process for a 2 MTA LNG export facility in Brownsville, Texas from Third Point.]

Texas LNG Receives Equity Investment From Third Point LLC and Initiates FEED for Brownsville LNG Project

Houston, Texas, Dec. 4, 2014 (GLOBE NEWSWIRE) — Texas LNG Brownsville LLC (“Texas LNG”) announces that Third Point LLC (“Third Point”) will provide development capital for the 2 MTA (Million Tonnes per Annum) LNG export project being developed on a deepwater frontage site along the Port of Brownsville shipping channel in Brownsville, Texas, USA (“Project”).

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