Venture Global Green-Lights $8.6B Louisiana LNG Expansion

VG Announces FID and Financial Close for "Phase 2" of CP2 LNG - Marcellus Drilling News

Last summer, Venture Global announced a final investment decision (FID) for “Phase 1” of its Calcasieu Pass 2 (CP2) LNG project (see Venture Global Makes FID to Build Massive Calcasieu Pass 2 LNG). Venture Global announced yesterday that it has now made an FID on Phase 2 of the CP2 project. When all is done,...

Venture Global green-lights $8.6B Louisiana LNG expansion

Venture Global is moving forward with an $8.6 billion expansion of its third liquefied natural gas export project in Louisiana, marking another major investment in the state’s growing LNG industry, Bloomberg writes.  The company announced a final investment decision and secured financing for the second phase of its CP2 terminal, backed by a consortium of global lenders including Bank of America, Goldman Sachs and Bank of China.  The expansion co…

Latham represents Venture Global in FID and financial close for Phase 2 of CP2 LNG

Latham & Watkins have represented Venture Global, Inc. for the final investment decision and closing of a US$8.6 billion project financing for the second phase of the company’s third project, Venture Global CP2 LNG.

Venture Global secures $8.6bn in financing for CP2 LNG phase two

Venture Global has secured a final investment decision (FID) and completed an $8.6bn project financing for the second phase of its Venture Global CP2 LNG (CP2) project located in Louisiana, US.

Venture Global: a promising way to play the energy crisis

LNG-producer Venture Global is set for a windfall from higher natural gas prices and looks like a promising play on the brewing energy crisis