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Höegh LNG Partners makes changes to its board

Höegh LNG Partners LP

Bermudian-based energy outfit Höegh LNG Partners LP made sweeping changes to its board of directors at its annual meeting this week.

A resolution was passed to re-elect David Spivak as a class three director of the partnership, whose term will expire at the 2025 annual meeting of limited partners.

Steven Rees Davies, Sveinung JS Støhle, Andrew Jamieson and Morten W Høegh resigned as directors of the partnership.

Tonesan Amissah and John V Veech were appointed by the general partner of the partnership to fill the vacancies created by the resignation of Mr Davies and Mr Støhle as appointed directors of the board.

Alberto Donzelli was appointed by the remaining elected directors of the board to succeed Mr Jamieson as the class one elected director of the partnership, and Carlo Ravizza was appointed by the remaining elected directors of the board to succeed Mr Høegh as the class four elected director of the partnership.

The business said Mr Støhle will continue in his role as chief executive officer of the partnership.

Mr Veech is a senior adviser for Morgan Stanley Infrastructure Partners.

Mr Donzelli is a managing director and co-head of Europe for MSIP.

Mr Ravizza is an investment director at Höegh Capital Partners.

Ms Amissah is the managing director of Appleby Global Services Bermuda, where she oversees all aspects of client service and is a former partner of Appleby (Bermuda) Limited, where she practiced within the corporate department as a member of the corporate finance and funds & investment services teams, having joined Appleby in 1989.

Höegh LNG Partners LP is a limited partnership formed by Höegh LNG Holdings Ltd, a floating liquefied natural gas service provider.

The partnership said its strategy is to own, operate and acquire floating storage and regasification units and associated LNG infrastructure assets under long-term charters.

It has interests in five FSRUs that have an industry leading average remaining firm contract duration of 8.3 years plus options as of March 31, 2021.

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Published June 09, 2021 at 2:23 pm (Updated June 09, 2021 at 2:24 pm)

Höegh LNG Partners makes changes to its board

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