Brief: Stabilis Solutions Buys LNG Production Facility In Port Allen, Louisiana

Stabilis Solutions

01/06/2021 22:31

June 1 (Reuters) - Stabilis Solutions Inc  SLNG.O :
    * STABILIS SOLUTIONS ACQUIRES LNG PRODUCTION FACILITY IN
PORT
ALLEN, LOUISIANA
    * STABILIS SOLUTIONS INC - TERMS OF ACQUISITION WERE NOT
DISCLOSED.
    * STABILIS SOLUTIONS INC - FACILITY HAS NAMEPLATE PRODUCTION
CAPACITY OF 30,000 LNG GALLONS PER DAY
    * STABILIS SOLUTIONS - DEAL WILL BE IMMEDIATELY ACCRETIVE TO
EARNINGS; INCREMENTAL ANNUAL EBITDA PROJECTED TO BE $2.5 - $3.0
MILLION

Source text for Eikon:  ID:nGNX4KtG7d 
Further company coverage:  SLNG.O 

 ((Reuters.Briefs@thomsonreuters.com;))