Venture Global Announces $3.0 Billion Bank Loan Facility Closing for CP2

Summary

On May 1, 2025, Venture Global, Inc. announced that its subsidiary, Venture Global CP2 LNG, LLC, has secured a $3.0 billion bank loan facility from 19 banks to fund its natural gas liquefaction and export facility in Cameron Parish, Louisiana. This facility, along with a recent $2.5 billion bond transaction, brings the total capital raised for the CP2 Project to $5.5 billion in the last two weeks. The loan facility is secured by a first-priority lien on the assets of CP2 and its affiliates and will be used to pay project costs and fund reserves.