Commonwealth LNG secured financing from a syndicate of 20 international financial institutions for its Louisiana export facility. The Cameron Parish project will produce 9.5 million tonnes per annum (mtpa) of liquefied natural gas.
Developer Caturus, LLC confirmed the package includes term loans to cover project debt, reserves, and working capital. The syndicate includes major lenders from North America, Europe, Asia, and the Middle East.
This funding follows the final investment decision reached in May. The facility is one of several U.S. Gulf Coast projects advancing to meet growing international demand.