News
Woodside to Sell 40% of Louisiana LNG Project to Stonepeak
Woodside Energy Group Ltd. said Stonepeak will invest $5.7 billion in its proposed Louisiana liquefied natural gas export facility, advancing the project toward a final investment decision.
Partnering with Stonepeak is a shot in the arm for Louisiana LNG, after Woodside Chief Executive Officer Meg O’Neill said during CERAWeek by S&P Global conference in March that a decision on the project would come soon. The infrastructure investment fund will hold 40% of equity in Louisiana LNG Infrastructure LLC.