Salt Lake City-based Datacentrex Inc. has committed $30 million to acquire a 10.5% equity interest in ELNG Equity LLC, the holding company of Eagle LNG Partners LLC. The investment, executed via a Common Unit Purchase Agreement for Class A Common Units, represents a non-controlling stake in Eagle LNG, a producer of aerospace-specification liquefied natural gas.
The transaction aligns with a concurrent $10 million commitment by an affiliate of The Energy & Minerals Group, which controls Eagle LNG. Datacentrex, a diversified technology-driven enterprise with operations spanning digital-asset infrastructure, data centers, and energy and space-launch infrastructure, cited Eagle LNG’s operational track record as a key factor in the deal. Eagle LNG has produced and delivered LNG since 2017 and maintains long-term take-or-pay supply agreements with a weighted average tenor of approximately 15 years.
Eagle LNG, headquartered in Jacksonville, Florida, serves customers in space propulsion, marine bunkering, island utility, and industrial sectors. The company operates small-scale LNG infrastructure in the southeastern United States and the Caribbean, having completed over 700 LNG bunkering operations since 2018. Datacentrex CEO Parker Scott emphasized the company’s focus on revenue-generating businesses in high-growth sectors, stating that Eagle LNG’s existing contracts with leading space propulsion customers validate its operational viability.
