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Freeport LNG Closes on $11 Billion in Financing for new Facility

Freeport LNG Expansion, L.P. announced last week that it successfully closed on debt and equity financing commitments of approximately $11 billion in capital required for the development of the initial two trains of Freeport LNG’s natural gas liquefaction and LNG loading facility on Quintana Island near Freeport, Texas. Commitments in excess of the anticipated $9.64 billion in project costs, inclusive of financing costs, will provide significant buffer for contingencies and cos...

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