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Agreement to transfer the remaining 49% interest in Höegh Grace to Höegh LNG Partners LP

Höegh LNG Holdings Ltd. ("Höegh LNG") has announced an agreement to transfer the remaining 49% ownership interest in Höegh LNG Colombia Holding Ltd. ("Grace Holding"), the sole owner of the entities that own and operate Höegh Grace, to Höegh LNG Partners LP ("HMLP") for a purchase price of $172.5 million, less $86.6 million in pro-rata indebtedness related to Höegh Grace expected to be outstanding at the closing date of the transaction.

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