Annual report pursuant to Section 13 and 15(d)

Non-Controlling Interest (Notes)

Non-Controlling Interest (Notes)
12 Months Ended
Dec. 31, 2014
Noncontrolling Interest [Abstract]  
Non-Controlling Interest
In December 2013, Cheniere Holdings completed its initial public offering (the “Cheniere Holdings Offering”) of 36.0 million common shares at $20.00 per common share. Cheniere Holdings was formed by us to hold our limited partner interest in Cheniere Partners. We ultimately received all of the $665.0 million of net proceeds, after deducting offering expenses, from the Cheniere Holdings Offering from the repayment of Cheniere Holdings’ intercompany indebtedness and payables owed to us and through a distribution by Cheniere Holdings to us. Additionally, in November 2014, Cheniere Holdings sold 10.1 million common shares at $22.76 per common share for net proceeds of approximately $229 million, after deducting offering expenses, which were used to redeem from us the same number of common shares. As of December 31, 2014 and 2013, our ownership interest in Cheniere Holdings was 80.1% and 84.5%, respectively, with the remaining non-controlling interest held by the public. Our ownership of Cheniere Partners interests is further discussed in Note 6—Variable Interest Entities.