Latham & Watkins Advises Venture Global in US$3 Billion Bank Loan Credit Facility

Venture Global LNG, Inc. (Venture Global) has announced that its subsidiary, Venture Global CP2 LNG, LLC (CP2) has secured commitments for a US$3.0 billion bank loan facility (the CP2 Bank Loan or the Facility) to support the development and construction of its natural gas liquefaction and export facility to be located alongside the Calcasieu Ship Channel in Cameron Parish, Louisiana (the Project). CP2 is a 20.0 million tonnes per annum (MTPA) nameplate facility with a peak production capacity of up to 28.0 MTPA.

Latham & Watkins LLP represented Venture Global in the transaction with a project development and finance team led by New York partners Chirag Dedania and Annelise Karreman, with associates Cáit O’Neill and Mina Kim. Advice was also provided on regulatory matters by Washington, D.C. partner Patrick Nevins; and on tax matters by Houston partner Jim Cole.