Woodside to Sell 40% Interest in Louisiana LNG to Stonepeak (1)

Stonepeak will provide $5.7b towards the expected capital expenditure for the foundation development of Louisiana LNG on an accelerated basis, contributing 75% of project capital expenditure in both 2025 and 2026.

• Deal closing targeted for 2Q 2025; Effective date of the transaction is Jan. 1
  • On completion, a payment of about $2 billion is anticipated for Stonepeak’s share of capex funding incurred since the effective date
• Stonepeak to hold 40% equity in Louisiana LNG, with remaining 60% owned by Louisiana LNG, the holding co. operated by Woodside
• Est. forward cost for the foundation development of Louisiana LNG from Dec. 2024 ...