Hoegh LNG Partners Announces Closing Date of Proposed Merger with Hoegh LNG Holdings

Source: www.gulfoilandgas.com 9/13/2022, Location: South America

Höegh LNG Partners LP ( HMLP) announces that it has notified the New York Stock Exchange ("NYSE") of the anticipated closing date of the previously-announced merger (the "Merger") pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of May 25, 2022, by and among Höegh LNG Holdings Ltd. ("Höegh LNG"), Hoegh LNG Merger Sub LLC, the Partnership and Höegh LNG GP LLC. The Partnership anticipates that the merger will close on or about September 23, 2022, subject to approval of the Merger Agreement and Merger by a majority of the outstanding common units of the Partnership and certain customary closing conditions.

Upon the closing of the Merger on the terms and conditions set forth in the Merger Agreement, all of the Partnership's common units will be owned by Höegh LNG. Following completion of the merger, the common units of the Partnership will cease to be listed on the NYSE and will be deregistered under the Securities Exchange Act of 1934, as amended.


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