Venture Global LNG Raises $675 Million of Additional Capital for Plaquemines LNG Project
Posted on Jul 1, 2019 in Financing, Liquefaction, LNG Exports | Comments Off on Venture Global LNG Raises $675 Million of Additional Capital for Plaquemines LNG Project
Venture Global LNG, Inc. announced that it has raised $675 million of additional capital which will be used primarily for the further development of the company’s proposed 20 million tonnes per annum Plaquemines LNG export project in Plaquemines Parish, La. According to the press release, “[i]n addition to the $855 million of capital previously raised at Venture Global LNG and the $1.3 billion project-level equity commitment from Stonepeak Infrastructure Partners for the company’s Calcasieu Pass LNG project, Venture Global LNG has now raised total committed capital of over $2.8 billion to support the development of its LNG export facilities.”