Idan Ofer-backed LNG carrier company Cool Company (CoolCo) has exercised options to acquire two newbuildings from EPS Ventures.
Each LNG carrier is being acquired under the pre-existing purchase option price of $234m, a discount of around 10% to current quoted market value for comparable newbuildings.
CoolCo said the initial exercise price is about $57m per vessel, while around $134m of the remaining $177m is due upon delivery.
