12:43 PM EDT, 07/28/2025 (MT Newswires) -- Venture Global ( VG ) said Monday it has made a final investment decision and closed a $15.1 billion project financing for the first phase of its third project, Venture Global CP2 LNG, together with the associated CP Express Pipeline.

The transaction drew interest from major global banks, resulting in over $34 billion of commitments, and required no outside equity investment, the company said.

CP2 will have a peak capacity of 28 million tonnes per annum, with phase 1 contracts secured from customers in Europe, Asia and beyond, it said, adding that it now has 43.5 MTPA of contracted capacity across its three Louisiana projects.

Shares of Venture Global ( VG ) were up over 4% in recent trading.

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