Venture Global Closes $8.6B Financing for CP2 LNG Phase 2

Summary

On March 13, 2026, Venture Global, Inc. announced the closing of an $8.6 billion project financing for Phase 2 of its CP2 natural gas liquefaction and export facility. This financing, combined with the previously announced Phase 1 financing, brings the total project financing to $20.7 billion. The CP2 project, located in Cameron Parish, Louisiana, is expected to make Venture Global the largest exporter of U.S. LNG. The project has contracted to sell nearly all of its nameplate capacity on a long-term basis with customers predominantly in Europe and Asia. The financing was secured without outside equity investment and garnered significant interest from leading global banks.