HOUSTON, May 1 (Reuters) - Venture Global ( VG ) has
raised $3 billion in debt finance towards the construction of
its CP2 LNG plant in Louisiana, which would be the largest
single liquefied natural gas plant in the U.S., the company said
on Thursday.
Venture Global ( VG ) is the U.S.' second-largest LNG exporter and
has played a key role in making the country the world's largest
exporter of the superchilled gas.
The money raised will be used as part of the construction
costs for the CP2 facility, which will have capacity to produce
28 million tonnes per annum of LNG, Venture Global ( VG ) said.
"This new capital, on top of the more than $4 billion we
have already invested to date, will enable continued
fabrication, manufacturing and procurement at an accelerated
pace, similar to Plaquemines," said Venture Global's ( VG ) CEO Mike
Sabel, referring to another of the company's LNG export
facilities.
Two of the processing plants, also called trains, for the
CP2 export facility will arrive in the U.S. in the coming months
from Europe, Venture Global ( VG ) said in a statement.
The project is yet to receive a final financial go-ahead
from Venture Global ( VG ).