Venture Global Announces Final Investment Decision and \$8.6 Billion Financing for CP2 LNG Phase 2

Arlington, VA, March 13, 2026 — Venture Global, Inc. (NYSE: VG) has announced a major milestone with the Final Investment Decision (FID) and financial close for Phase 2 of its CP2 LNG project, securing \$8.6 billion in project financing. This brings the total financing for CP2 to an impressive \$20.7 billion, positioning Venture Global as a leading force in the U.S. liquefied natural gas (LNG) export market.

Key Highlights for Investors:

• \$8.6 Billion Project Financing Secured: The funding for CP2 Phase 2 is one of the largest single-phase project financings in the sector, reflecting significant lender confidence in Venture Global’s execution and market position.
• Total CP2 Project Financing Now \$20.7 Billion: With this round, the total capital raised for CP2 is among the largest in U.S. energy infrastructure history.
• Venture Global to Become Largest U.S. LNG Exporter: Upon full completion, the CP2 project is expected to make Venture Global the largest exporter of U.S. LNG, a potentially transformative development for the company and its shareholders.
• Unprecedented Track Record: Venture Global has now achieved five FIDs in less than seven years and executed over \$95 billion in capital markets transactions, setting a new industry benchmark.

Details of the Project Facilities and Financial Arrangements:

• The project financing is backed by a syndicate of major international and domestic banks, including Bank of America, Barclays, BBVA, BNP Paribas, Citi, Crédit Agricole, Deutsche Bank, Goldman Sachs, ING, JPMorgan Chase, Mizuho, MUFG, Natixis, PNC Bank, RBC, Scotiabank, SMBC, Standard Chartered, Truist, U.S. Bank, Wells Fargo, and more.
• Lead Arrangers: Banco Bilbao Vizcaya Argentaria (BBVA) and MUFG Bank, Ltd. led the Construction Term Loan and Working Capital Facility. Latham & Watkins LLP served as counsel to Venture Global, while Skadden, Arps, Slate, Meagher & Flom LLP represented the lenders.
• The loan facilities include customary affirmative and negative covenants, limiting the company and its guarantors’ ability to incur additional indebtedness, create liens, dispose of assets, or pay dividends, distributions, or other restricted payments.
• Repayment Terms: The project loans must be repaid in full by July 28, 2032, and can be repaid earlier without premium or penalty (subject to breakage fees).
• The facilities are secured by a first-priority lien on substantially all assets of, and equity interests in, CP2 and its guarantors.
• Amended and restated agreements governing the project facilities will be filed as exhibits to Venture Global’s upcoming quarterly report (Form 10-Q for the quarter ended March 31, 2026).

Potentially Price-Sensitive Information:

• Largest U.S. LNG Exporter: The FID and financial close for CP2 Phase 2 are highly significant and could materially impact Venture Global’s future revenue and market value, given the growth in global LNG demand and U.S. export capacity.
• Investor Confidence and Industry Leadership: The scale of financing and the involvement of major global financial institutions underscore strong confidence in the company’s strategy and execution capabilities.
• Forward-Looking Statements: The press release includes forward-looking statements regarding Venture Global’s future performance, growth strategies, and market position. Investors should be aware of the associated risks, including potential cost overruns, regulatory delays, and dependence on contractors.

Additional Disclosure and Risk Factors:

• Venture Global notes that actual results could differ materially from projections due to factors such as the need for significant additional capital, construction and operational risks, regulatory uncertainties, global trade dynamics, and potential opposition to energy projects.
• These risks are detailed further in Venture Global’s annual report (Form 10-K for the year ended December 31, 2024) and subsequent SEC filings.

Exhibits Filed:

• Press Release: The official press release dated March 13, 2026, is included as Exhibit 99.1 to the Form 8-K filing.

Conclusion

This announcement marks a transformative moment for Venture Global and its shareholders. The successful close of a massive \$8.6 billion project financing for CP2 Phase 2, the company’s fifth major FID in under seven years, sets a new standard in the U.S. LNG sector. With the company on track to become the largest U.S. LNG exporter and supported by a robust syndicate of global financial institutions, this development is likely to have a significant positive impact on Venture Global’s share price and long-term investor outlook.

Disclaimer: This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any securities. Investors should review Venture Global’s SEC filings and consult their own advisors before making any investment decisions. Forward-looking statements in this article are subject to risks and uncertainties that could cause actual results to differ materially from expectations.

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