Datacentrex Invests $30M in Eagle LNG Amid Aerospace Boom

Datacentrex has invested $30 million in ELNG Equity LLC, acquiring a 10.5% equity interest in Eagle LNG Partners LLC's holding company.

The investment was made through a Common Unit Purchase Agreement and comes alongside a concurrent $10 million commitment by an affiliate of The Energy & Minerals Group, which controls Eagle LNG.

Eagle LNG produces liquefied natural gas for aerospace applications and has been operating since 2017 under long-term take-or-pay supply agreements with a weighted average tenor of approximately 15 years.