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Excelerate Energy acquires Methane Patricia Camila

PUBLIC · EEAug 07, 2026•2 days ago

Acquiring Company

Excelerate Energy

Acquired Company

Methane Patricia Camila

The WoodlandsEnergyOil And GasRenewable Energy

Description

Excelerate Energy has signed a definitive agreement to purchase the Methane Patricia Camila LNG carrier for approximately US$79M. This acquisition will allow the company to convert the vessel into a floating storage and regasification unit (FSRU). The initiative represents a strategic move for Excelerate as it enhances its LNG project capabilities. The converted FSRU is expected to be commercially operational by early 2028.

Company Information

Company

Excelerate Energy

Location

The Woodlands, Texas, United States

About

Excelerate Energy, Inc. is a US-based LNG company located in The Woodlands, Texas. Founded in 2003 by George B. Kaiser, Excelerate is changing the way the world accesses cleaner forms of energy by providing integrated services along the LNG value chain with an objective of delivering rapid-to-market and reliable LNG solutions to customers. Excelerate offers a full range of flexible regasification services from FSRU to infrastructure development to LNG supply. Excelerate has offices in Abu Dhabi, Antwerp, Boston, Buenos Aires, Chattogram, Dhaka, Doha, Dubai, Manila, Rio de Janeiro, Singapore, and Washington, DC.

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Strategic

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M&A Insights

Based on deal data

Integration timeline

70% of M&A integrations take 12-24 months to complete

Tech stack consolidation

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Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

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Frequently asked

Who acquired Methane Patricia Camila?

Methane Patricia Camila was acquired by Excelerate Energy, based in The Woodlands. The deal was reported on August 7, 2026. Excelerate Energy, Inc. is a US-based LNG company located in The Woodlands, Texas. Founded in 2003 by George B. Excelerate Energy is publicly traded (EE).

When did Excelerate Energy acquire Methane Patricia Camila?

Excelerate Energy's acquisition of Methane Patricia Camila was reported on August 7, 2026. Excelerate Energy has signed a definitive agreement to purchase the Methane Patricia Camila LNG carrier for approximately US$79M. This acquisition will allow the company to convert the vessel into a floating storage and regasification unit (FSRU). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Methane Patricia Camila do?

Methane Patricia Camila is a 2010-built LNG carrier previously under the ownership of Meiji. The vessel is being converted into a floating storage and regasification unit (FSRU) by Excelerate Energy. It is privately held, operating in Energy.