December 1, 2016 / 9:25 PM / 9 months ago

BRIEF-Hoegh LNG Partners agrees to acquire 51% interest in FSRU Höegh Grace

Dec 1 (Reuters) - Hoegh Lng Partners Lp

* Hoegh lng partners lp agrees to acquire a 51% interest in the fsru höegh grace

* Hoegh lng partners lp - purchase price for acquisition will be $188.7 million

* Hoegh lng partners lp - hmlp has option to purchase remaining ownership interest in grace holding

* Hoegh lng partners lp - intends to recommend that board consider an increase in hmlp's quarterly cash distribution of approximately 4% to 5% Source text for Eikon: Further company coverage:

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