NewsBite

Woodside sells stake in Louisiana LNG export terminal in $9.5b deal

Angela Macdonald-Smith

Woodside Energy will sell a 40 per cent stake in its Louisiana LNG export terminal in the US to infrastructure and real estate investor Stonepeak in return for a $US5.7 billion ($9.5 billion) injection towards the capital cost of the project.

The deal allows Woodside to “progress at pace” towards a final investment decision on the US LNG export terminal, said chief executive Meg O’Neill, adding it would clear the way for other smaller-scale sell-down deals that are under discussion.

Loading...
Angela Macdonald-Smith writes on the resources industry with a focus on energy, including gas, oil, electricity and renewables. Connect with Angela on Twitter. Email Angela at amacdonald-smith@afr.com

Read More

Latest In Energy

Fetching latest articles

Most Viewed In Companies

    Original URL: https://www.afr.com/companies/energy/woodside-sells-stake-in-louisiana-lng-export-terminal-in-9-5b-deal-20250407-p5lppi