HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 10.Apr.2025) — Abu Dhabi headquartered Mubadala Energy announced it will acquire a 24.1% interest in Kimmeridge‘s SoTex HoldCo LLC, via the issuance of new equity.
The transaction is subject to customary regulatory filings and approvals before closing.
“As the company’s first major investment in the US, this transaction positions Mubadala Energy for accelerated growth across the gas value chain in one of the world’s most important and attractive energy hubs,” Mubadala Energy board chairman and CEO Dr. Bakheet Al Katheeri said on 9 Apr. 2025 in an official company statement.