Caturus reposted this
We are pleased to share that Ares Infrastructure Opportunities (AIO) has completed an approximately $1.0 billion preferred equity investment in Caturus’ Commonwealth liquefied natural gas (LNG) project. Commonwealth LNG is a 9.5 mtpa export facility in Cameron Parish, Louisiana that is expected to be one of the most cost-competitive and efficient LNG projects in the United States. In total, Caturus successfully closed on $9.75 billion in project financing, and we are excited to work alongside their existing sponsors Kimmeridge, Mubadala Energy and CPPIB. Read more about the project in Caturus’ press release: https://lnkd.in/gAZ7BZPs