Excelerate Energy, Inc. (the “Company” or “Excelerate”) (NYSE: EE) announced today that it has completed the purchase of the floating storage regasification unit (FSRU) Sequoia for a purchase price of $265 million from Anemoesa Marine Inc., a company incorporated under the laws of the Republic of the Marshall Islands. In March 2023, the Company closed on an amended and restated $600 million senior secured credit facility, consisting of a $350 million revolving credit facility and a $250 million term loan. Proceeds from the term loan and cash on hand were used to purchase the FSRU Sequoia.
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