Venture Global LNG secures funding needed for Calcasieu Pass
A debt financing exercise for the project has attracted $10bn in committed funding from over a dozen banks. Including the equity investment from Stonepeak, the project has drawn funding commitments in excess of its $4.5bn cost estimates
Venture Global LNG has signed long-term sales and purchase agreements with BP, Shell, Repsol, PGNiG, Galp and Edison for LNG supplies from the project