WFW advises Höegh LNG on refinancing of two LNG FSRUs and entry into new German terminals27 February 2023
The Höegh Esperanza and Höegh Gannet are two of three FSRUs located in Germany as of early 2023.
The Höegh Esperanza and Höegh Gannet are two of three FSRUs located in Germany as of early 2023.
After completion, the terminal will be used to import various liquefied gases including LNG for the benefit of regional industries.
The vessel, which was built in 2015, has been deployed as an FSRU, but can also operate as an LNG carrier for the transportation of liquefied natural gas.
The Golar Tundra will contribute circa 6.5% of Italy’s gas needs, bringing the Italian regasification capacity to more than 25% of demand.
Following the completion of the transaction, Hoegh LNG is now fully funded with both equity and debt for its current newbuilding programme, which will be completed with the delivery of Hoegh Galleon in August 2019.
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