Freeport LNG Enters Into Definitive Agreements for Train 1 Financing
Posted on Oct 30, 2014 in Financing, LNG Exports | Comments Off on Freeport LNG Enters Into Definitive Agreements for Train 1 Financing
Freeport LNG Expansion, L.P. (Freeport LNG) today announced that its subsidiary, FLNG Liquefaction, LLC, has entered into definitive agreements with Japan Bank for International Cooperation and six commercial banks for the debt financing of approximately $3.85 billion for the development of Train 1 of Freeport LNG’s proposed liquefaction and LNG export terminal on Quintana Island near Freeport, Texas. As previously announced, Osaka Gas Co., Ltd. and Chubu Electric Power Co., Inc. will also invest approximately $1.2 billion for Train 1 development.