Commonwealth LNG Takes Final Investment Decision on $13 Billion Louisiana Export Plant
Developers of Commonwealth LNG have taken a final investment decision on a $13 billion liquefied natural gas export plant in Cameron Parish, Louisiana, advancing a project backed by Kimmeridge, Abu Dhabi-based Mubadala Energy, Canada Pension Plan Investment Board and BlackRock. Investors have provided $9.75 billion for the development.
The facility is designed to handle 9.5 million tons a year and is expected to become operational in 2030.
From the sources (3 posts)
@staunovoAbu Dhabi backs $13bn US gas plant as Middle East supplies falter Mubadala Energy, CPP Investments and BlackRock among investors providing $9.75bn for Commonwealth LNG
@staunovoCaturus to start construction of major US LNG facility after securing $9.75 billion
@oilheadlinenewsDevelopers of the Commonwealth LNG project have taken the final investment decision to build the $13-billion U.S. export plant in Louisiana, underpinned by investments from Kimmeridge, Abu Dhabi-based Mubadala Energy, and Canada Pension Pla