Woodside Energy Sells 40% Stake In Louisiana LNG Project For $5.7 Billion

On Sunday, Woodside Energy Group (NYSE:WDS) inked a binding deal to sell a 40% stake in Louisiana LNG Infrastructure LLC to Stonepeak.

As per the deal, Stonepeak plans to invest $5.7 billion in the development of the three-train, 16.5 mtpa foundation phase of Louisiana LNG.

The investment is expected to cover 75% of capital expenditure in 2025 and 2026, with development starting on January 1, 2025.

This significantly eases Woodside's capex burden, improves project economics, and strengthens cash flow ahead of revenue from its Scarborough Energy Project in Australia—enhancing capacity for shareholder returns.

The remaining 60% stake will be retained by Louisiana LNG LLC (HoldCo), operated ...

https://www.benzinga.com/news/asset-sales/25/04/44668895/woodside-energy-sells-40-stake-in-louisiana-lng-project-for-5-7-billion