Stonepeak

Mayor Brandon Johnson’s administration secretly offered $3.3 billion to reclaim Chicago’s parking meters, exceeding Stonepeak’s $2.5 billion winning bid. City officials withheld the bid details from the City Council under a confidentiality agreement, prompting criticism from alderpeople like Matt O’Shea, who accused the mayor of opacity.

Stonepeak secured $2.5 billion through a private bond issuance to refinance construction debt for its Louisiana LNG export terminal project in Calcasieu Parish. The firm acquired a 40% stake in the facility from Woodside Energy Group Ltd, with construction ongoing since 2022 and first LNG cargo expected in 2029. The project is projected to contribute 5% of global LNG production capacity by the 2030s.

22 Chicago aldermen are demanding more information from the Johnson administration regarding a proposal to sell the city's parking meters to Stonepeak, a New York-based investment firm. The aldermen seek transparency before considering the ownership transfer.

Stonepeak and the Lim Family are reportedly considering withdrawing their bid for Yinson. The potential withdrawal signals uncertainty in the proposed acquisition deal.

Morgan Stanley Group is selling Chicago parking meters to Stonepeak. The sale involves pay stations in Chicago, Illinois. The transaction indicates a shift in ownership of the city's parking infrastructure.

Stonepeak and Bernhard have finalized a $6 billion deal to acquire Cleco Power, a utility company based in Pineville, Louisiana. The transaction marks a significant business acquisition in the energy sector.

Stonepeak and Bernhard are nearing a $6 billion deal to acquire Cleco Power, a utility company based in Pineville, Louisiana. The transaction highlights significant investment in the energy sector.