Industry Insights 03 Jan 2026 views ( )

Venture Global Announces Completion of $3 Billion Senior Secured Notes Offering for Venture Global Plaquemines LNG, LLC

Venture Global, Inc. ("Venture Global," NYSE: VG) today announced that its subsidiary, Venture Global Plaquemines LNG, LLC ("VGPL"), has completed the issuance of $3 billion in aggregate principal amount of senior secured notes, consisting of two series: (i) $1.75 billion in aggregate principal amount of senior secured notes due 2030 with a coupon rate of 6.125% ("2030 Notes"); and (ii) $1.25 billion in aggregate principal amount of senior secured notes due 2034 with a coupon rate of 6.500% ("2034 Notes," together with the 2030 Notes, the "Notes"). The 2030 Notes will mature on December 15, 2030, and the 2034 Notes will mature on June 15, 2034.

Previously, Venture Global announced that VGPL issued $2.5 billion in senior secured notes on April 21, 2025, and $4 billion in senior secured notes on July 3, 2025 (collectively, the "Existing Notes"). Since the project began liquefied natural gas (LNG) production in December 2024, VGPL has now issued a cumulative total of $9.5 billion in senior secured notes.

VGPL intends to use the net proceeds from this offering for (i) the prepayment of a portion of the outstanding obligations under VGPL’s existing senior secured first-priority credit facilities ("Existing Credit Facilities"); and (ii) payment of fees and expenses related to this offering. The Notes are guaranteed by Venture Global Gator Express, LLC, an affiliate of VGPL. The Notes are secured by senior secured obligations ranking equally with the collateral securing the Existing Credit Facilities and the Existing Notes.

The Notes have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or any state or other jurisdiction's securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act. This press release does not constitute an offer to sell or the solicitation of an offer to buy the Notes, nor shall there be any sale of the Notes in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

About Venture Global

Venture Global is a low-cost producer and exporter of liquefied natural gas (LNG) in the United States, with over 100 million tons per year of operating, under-construction, and in-development capacity. Since commencing LNG production at its first facility in 2022, Venture Global has become one of the largest LNG exporters in the United States. The company’s vertically integrated business encompasses assets across the entire LNG supply chain, including LNG production, natural gas transportation, shipping, and regasification. Its first three projects—Calcasieu Pass, Plaquemines LNG, and CP2 LNG—are located along the Gulf Coast of Louisiana in the Americas. Venture Global is developing carbon capture and storage (CCS) projects at each of its LNG facilities.

Forward-Looking Statements

This press release contains certain statements that may constitute "forward-looking statements." All statements contained herein, other than statements of historical or current facts or conditions, are forward-looking statements. Forward-looking statements include, but are not limited to, statements regarding Venture Global’s business strategy, plans, and objectives, including the intended use of proceeds from this offering. Venture Global believes the expectations reflected in these forward-looking statements are reasonable, but they are inherently subject to uncertainty and involve numerous risks and uncertainties beyond the company’s control. In addition, the underlying assumptions may prove to be inaccurate. Actual results may differ materially from those anticipated or implied by forward-looking statements due to various factors. These forward-looking statements represent views only as of the date hereof, and except as required by law, Venture Global undertakes no obligation to update or revise any forward-looking statements, nor does it have any responsibility to explain the reasons for actual results differing from such statements, whether due to new information, future events, or other factors.

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