Stonepeak Infrastructure Partners Invests in Calcasieu Pass LNG Export Facility Development

Posted on 05/31/2019


Stonepeak Infrastructure Partners signed an agreement to invest US$ 1.3 billion in equity in the Calcasieu Pass LNG export facility in Cameron Parish, Louisiana, United States. The export facility at Calcasieu Pass, which is under construction, is owned and managed by Venture Global LNG, Inc. Venture Global has raised approximately US$ 2.2 billion of capital to-date to support the development of its projects.

As part of the investment, Stonepeak Managing Director James Wyper will join the board of Calcasieu Pass.

Advisors

Morgan Stanley served as the exclusive financial advisor for Venture Global LNG on this transaction and Latham & Watkins LLP served as Venture Global’s legal counsel.

Simpson Thacher served as legal counsel for Stonepeak.

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