JERA Ventures into U.S. Shale Gas with $1.5 Billion Louisiana Acquisition

JERA, Japans top power generator, is making a significant move into U.S. shale gas by acquiring natural gas production assets in Haynesville, Louisiana, for $1.5 billion.

• JERA will acquire 100% of interests in the South Mansfield gas field, part of the Haynesville Shale basin, marking its first entry into U.S. shale gas production.
• The acquisition agreement involves pipeline operator Williams and GEP Haynesville II, a joint venture backed by Blackstone and GeoSouthern Energy.
• This $1.5 billion investment aligns with JERAs strategy to enhance its liquefied natural gas portfolio and secure stable energy supplies for Japans electricity generation.