Press Releases
August 1, 2012

Provided Capital for the Construction of the Largest US liquefaction Terminal for Exporting LNG

LOUISIANA, US, Aug 1, 2012 —

GE Energy Financial Services provided $50 million in equity and $50 million in debt commitments for the construction of the Sabine Pass Liquefaction Plant, which will expand the Sabine Pass LNG import terminal, owned and operated by Cheniere Energy Partners, located in Cameron Parish, Louisiana. Utilizing 12 GE LM2500 gas turbines and expected to be completed in 2017, the plant will supply natural gas to BG Group in the UK and Gas Natural Fenosa of Spain, under 20–year Sale & Purchase Agreements.

Back To Top