Venture Global closes USD 8.6 billion CP2 LNG Phase 2 project financing with bank consortium

Reuters03-13 22:23
Venture Global closes USD 8.6 billion CP2 LNG Phase 2 project financing with bank consortium

Venture Global said it reached financial close on a USD 8.6 billion project financing for Phase 2 of its CP2 LNG project. The company said the Phase 2 financing attracted more than USD 19 billion of commitments from banks. It said BBVA and MUFG served as lead arrangers for the Phase 2 construction term loan and working capital facility. The lender group included Bank of America, Barclays, Deutsche Bank, Goldman Sachs, J.P. Morgan Chase, and Wells Fargo.

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