Venture Global secures US$8.6 Billion Project Financing for Phase 2 of CP2 LNG
Type: Financing · Technology: Gas · Country: United States · Value: $8.6B · Announced: 2026-03-13
Venture Global closed US$8.6 billion in project financing for its CP2 LNG facility in Cameron Parish, Louisiana. This funding will advance the 20 MTPA export terminal,.
Analysis
Venture Global successfully closed an US$8.6 billion project financing for CP2 LNG Phase 2, establishing it as one of the largest standalone financings in the US bank market. This significant capital infusion will fund the expansion of critical US liquefied natural gas infrastructure. Latham & Watkins provided advisory services for this complex transaction, reflecting the specialized legal support required for large-scale gas technology projects. The deal demonstrates continued commitment to meeting global energy demand through increased LNG supply.
Key points
- US$8.6 billion project financing secured for CP2 LNG Phase 2.
- Identified as one of the largest standalone project financings in the US bank market.
- Latham & Watkins advised Venture Global, the borrower, on the financial close.
- The deal funds large-scale LNG infrastructure, a gas technology, in the US.
Counterparties
- Latham & Watkins (Investor)
- Venture Global (Borrower)