Under the deal, MidOcean would commit to financing 30% of the LNG project's construction costs and would be entitled to receive 30% of the LNG production.
According to Koyfin data, the company reported fourth-quarter revenue of $19.54 billion, missing the average analysts’ estimate of $21.41 billion.
The pipeline operator said it is in talks with several data center developers and expects this to be the first of many such agreements.
According to Koyfin data, the company reported quarterly revenue of $12.40 billion, compared to the average analysts’ estimate of $13.76 billion.
The energy pipeline operator’s net income rose to $1.62 billion, or $0.74 per share, for the three months ended Dec. 31, compared with $1.57 billion, or $0.72 per share, in the year-ago quarter.