Australian company Woodside has closed the transfer of a 40% stake in Louisiana LNG Infrastructure to Stonepeak, a global firm specializing in real assets and infrastructure, strengthening a strategic backing for the development of this mega-project in the state of Louisiana.
The strategic sale and investment of Louisiana LNG
Through this alliance, Stonepeak will assume 75% of the project’s capital expenditures in both 2025 and 2026. This constitutes an immediate financial injection, because Woodside received approximately US$1.9 billion as part of the transaction. This amount corresponds to Stonepeak’ s share of the cumulative expenditures from January 1, 2025.
The Louisiana LNG development is one of the most advanced liquefied natural gas export projects in the country, with a total authorized capacity of 27.6 million tons per year distributed over five trains.
An approved initial phase comprising three trains with combined capacity of 16.5 Mtpa is currently underway. The facility is being built near Lake Charles, using Chart Industries ‘ IPSMR technology and Baker Hughes LM6000PF+ gas turbines.
According to Meg O’Neill, Woodside’s chief executive officer, Stonepeak’s entry improves the financial structure of the project and anticipates benefits to shareholders ahead of the first LNG cargo from Scarborough Energy in Western Australia, scheduled for the second half of 2026.
The final investment decision taken in April of this year marks a decisive stage in the consolidation of the project. The presence of Bechtel as engineering contractor under a turnkey model provides additional guarantees on the execution of the schedule and costs.
From Stonepeak, James Wyper, general manager for the United States, highlighted that Louisiana LNG represents a timely and strategic addition to the global energy export network.
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