Building the Future of U.S. LNG Exports
The agreement will see New York-based Stonepeak invest the full $5.7 billion over time toward the foundation development of the Louisiana LNG facility, which has already secured permits for a massive 27.6 million metric tons per year of production capacity.
Under the new joint venture — Louisiana LNG Infrastructure LLC (InfraCo) — Stonepeak will hold a 40% equity stake, with Woodside’s Louisiana LNG LLC (HoldCo) retaining the remaining 60%. Finalization of the deal is expected in Q2 2025, pending regulatory approvals.
“Critical Role in U.S. LNG Export Market”
Stonepeak executive James Wyper, head of U.S. private equity, hailed the investment as a strategic play, emphasizing Louisiana LNG’s key role in meeting surging global demand.
“With the need to bring significant additional capacity online over the coming years, we have strong conviction in the critical role Louisiana LNG will play in the U.S. LNG export market,” Wyper said.
He touted the project’s favorable risk-reward profile and praised Bechtel and Woodside as “best-in-class partners” in what could be a defining venture in the sector.
