HMLP said it intends to settle the purchase price with a combination of cash on hand and a drawing under its existing revolving credit facility.
HMLP said its strategy is to own, operate and acquire FSRUs and associated LNG infrastructure assets under long-term charters.
Azizli, "Modified recursive least squares algorithm to train the Hybrid Multilayered Perceptron (HMLP) network," Applied Soft Computing Journal, vol.
Noor, "Suitable features selection for the HMLP and MLP networks to identify the shape of aggregate," Construction and Building Materials, vol.
and HA[pilcrow sign]egh LNG Colombia S.A.S., the entities that own and operate the floating storage and regasification unit HA[pilcrow sign]egh Grace, and contribute the acquired ownership interest to HMLP's operating company.
In addition, HMLP has the option, exercisable with the approval of the conflicts committee of the board of directors of HMLP at any time on or prior to 28 February 2017 to purchase the remaining ownership interest in Grace Holding.
said it will finance the purchase price through the cancellation of a USD 140m demand note from HLNG and the issuance of a seller's credit of USD 47m due in 18 months to a subsidiary of HLNG.
A growth-oriented limited partnership, HMLP
is formed by Hoegh LNG Holdings Ltd (Oslo Bors ticker:HLNG), a floating LNG service provider.
owns, operates and acquires floating storage and re-gasification units (FSRUs) and associated LNG infrastructure assets under long-term charters.
5 December 2016 - Bermuda-based Hoegh LNG Partners LP (NYSE: HMLP) has agreed to acquire from a subsidiary of Hoegh LNG Holdings Ltd.
and Hoegh LNG Colombia S.A.S., the entities that own and operate the floating storage and regasification unit Hoegh Grace, and contribute the acquired ownership interest to HMLP's operating company.
13 August 2015 - Bermuda-based floating LNG services provider Hoegh LNG Partners LP (NYSE: HMLP
) has agreed to acquire the entity that owns the floating storage and regasification unit Hoegh Gallant for a purchase price of USD 370m from a subsidiary of Hoegh LNG Holdings Ltd.