AmericasCorporate

Venture Global LNG secures $3 billion in preferred stock offering

By LNG Prime Staff
Venture Global LNG secures $3 billion in preferred stock offering
Qogir at the Plaqemines LNG terminal (Image: Venture Global LNG)

US LNG exporter Venture Global LNG has secured $3 billion in aggregate gross proceeds from its inaugural offering of perpetual preferred stock. Venture Global announced on Tuesday that it has closed its inaugural offering of 3 million shares of 9.00 percent series A fixed-rate reset cumulative redeemable perpetual preferred stock, with a $1,000 liquidation preference…

LNG Prime Annual Subscription Membership Required

You must be a LNG Prime Annual Subscription member to access this content.

Join Now

Already a member? Log in here

Most Popular

Contracts and Tenders

Deutsche ReGas charters second Mukran FSRU from MOL

Private German LNG terminal operator Deutsche ReGas has signed a deal with Japan's MOL to charter a second floating sturage and regasification unit and restore full capacity at its Mukran LNG import terminal in Germany.
Contracts and Tenders

SEFE, Trafigura seal five-year gas supply deal

German gas and LNG importer Securing Energy for Europe (SEFE) has signed a new five-year gas supply contract with commodity trader Trafigura.
LNG Terminals

Inpex wraps up Abadi LNG FEED work

Japan's Inpex has completed the front-end engineering design (FEED) work for the Abadi LNG project in Indonesia, the company confirmed to LNG Prime on Wednesday.

More News Like This

LNG Terminals

Venture Global gets approval to place first Plaquemines LNG phase in service

Venture Global’s Plaquemines LNG has secured approval from the US FERC to place Phase 1 of its LNG export plant in Louisiana into service.
Contracts and Tenders

Venture Global seals new deals to support expansion of its power network

US LNG exporter Venture Global has entered into power and grid frame agreements with GE Vernova and Baker Hughes for up to 16 new, 720 MW power island units and associated power transformer equipment, supporting the continued expansion of its existing behind-the-meter, industrial power network that is not reliant on the grid.
Contracts and Tenders

Galp wins Calcasieu Pass arbitration against Venture Global

Portuguese energy firm Galp has won an arbitration case against US LNG exporter Venture Global LNG over LNG sales from the Calcasieu Pass plant in Louisiana.
LNG Terminals

Venture Global shipped 124 LNG cargoes in Q3

US LNG exporter Venture Global shipped 124 LNG cargoes from its Calcasieu Pass and Plaquemines LNG export terminals in the third quarter of this year.