Freeport LNG project

28/4/2015
Project development, Project finance

$ 4.2 billion

Completed

28/4/2015


Overview:

  • Freeport LNG Expansion has raised $4.2 billion for the construction of a third train at its LNG loading facility.
  • The facility is on Quintana Island in Texas. 
  • $3.64 billion of debt financing came from a syndicate of 27 lenders, while about $925 million came through equity financing.
  • Freeport LNG entered into tolling agreements with S&K ES and Toshiba. 
  • Macquarie Capital acted as financial adviser for Freeport LNG.
  • Chadbourne & Parke - now merged with Norton Rose Fulbright - worked separately from Norton Rose on this deal. 

Kurt Stumpo - Journalist

Jurisdictions:

United States
Japan

Deal types:

Project development
Project finance

Practice areas:

Project finance
Project development

Governing law:

United States

Industry sector:

Oil and gas


Firms:

Party: Freeport LNG Expansion (Project company)

Lawyer: Clark Wohlferd