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Mitsubishi to acquire shale gas assets in Texas and Louisiana in a $7.5 billion deal
CNBC· 2026-01-16 04:50
Core Viewpoint - Mitsubishi Corporation is set to acquire shale gas assets in the U.S. for a total of $7.53 billion, marking a significant investment in the American energy market [1][2]. Group 1: Acquisition Details - The acquisition includes $5.2 billion in equity purchases and $2.33 billion in debt from Aethon Energy Management [2]. - The assets are located in Texas and Louisiana, indicating a strategic focus on key energy-producing regions in the U.S. [2]. Group 2: Strategic Implications - This investment aims to strengthen the earnings base of Mitsubishi's natural gas and LNG businesses [2]. - The company plans to accelerate the development of an integrated value chain in the U.S., encompassing upstream gas development, power generation, data center development, chemicals production, and related businesses [3].