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Hastings sell US natural gas terminal for huge profit

Hastings Funds Management has capitalised on the current high demand for infrastructure assets by selling its stake in a Texan liquid natural gas terminal for a return of five and half times what it paid.

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Read more: InvestmentHastings Funds ManagementFreeport LNG DevelopmentAndrew DayAustraliaGlobal Infrastructure PartnersNewNorth AmericaPeter TaylorRetirement SystemTexasThe Infrastructure FundUSUtilities TrustZachry American Infrastructure