Akin Gump Strauss Hauer & Feld LLP : Advises on Golar LNG Partners’ $1.9 Billion Acquisition by New Fortress Energy

(Houston) - Golar LNG Partners LP (GMLP) today announced it has entered into an agreement and plan of merger with New Fortress Energy Inc. (NFE). A team from Akin Gump advised the conflicts committee of the board of directors of GMLP in the transaction, which has an enterprise value of $1.9 billion.

Under the merger agreement, NFE has agreed to acquire all of the outstanding common units and general partner units of GMLP for $3.55 per unit in cash. In connection with the transaction, GMLP's incentive distribution rights will be cancelled. The Series A preferred units of GMLP will remain outstanding.

To learn more about the deal, please click here.

The Akin Gump team was led by corporate partners John Goodgame and Lisa Hearn. They were joined by corporate counsel Mary Lovely and associate Alexander France; tax partner Jocelyn Tau; and, for antitrust aspects of the transaction, partners Davina Garrod and Gorav Jindal and counsel Victoria Yuan and Matthew Schmitten.

Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.

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