Japan's top power generator JERA said on Thursday it will acquire natural gas production assets in the United States for $1.5 billion.
Japan’s top power generator JERA said on Thursday it will acquire natural gas production assets in the United States for $1.5 billion, in its first foray into shale gas production.
JERA said it has reached an agreement with pipeline operator Williams
and GEP Haynesville II to acquire 100% of their interests in the South Mansfield gas field in western Louisiana’s Haynesville Shale basin.
GEP Haynesville II is a joint venture between GeoSouthern Energy, backed by Blackstone
, and Williams.
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