Investor Carl Icahn has again increased his stake in Cheniere Energy, now owning 11.43% of Cheniere, according to documents filed by the US Securities and Exchange Commission. In August, it was announced that the investor had achieved an 8.2% stake in the company.
Cheniere is a Houston-based energy company primarily engaged in LNG-related businesses. It owns and operates the Sabine Pass LNG receiving terminal and Creole Trail Pipeline located in Louisiana through its general partner ownership interest in, and management agreements with, Cheniere Energy Partners LP (NYSE MKT: CQP) and its partial ownership interest in Cheniere Energy Partners Holdings LLC (NYSE MKT: CQH).
Since the August announcement, Cheniere has named two managing directors of Icahn Capital LP to its 11-member management board.