Stonepeak Acquires Stake in Woodside's Louisiana LNG
Deal News | Apr 07, 2025 | Stonepeak
Stonepeak, a prominent investment firm, has announced a deal to acquire a 40% interest in Louisiana LNG Infrastructure LLC, a liquefied natural gas facility in Calcasieu Parish, Louisiana, owned by Woodside Energy Group. This project, strategically located in the Gulf Coast LNG corridor, boasts a permitted capacity of 27.6 million tonnes annually and is approaching a final investment decision. Acclaimed EPC contractor, Bechtel, leads the construction, whilst Woodside will continue managing operations post-transaction. James Wyper, Stonepeak's Senior Managing Director, highlights the venture's potential to capture the U.S. LNG export market. Woodside CEO Meg O'Neill emphasizes the globally competitive investment opportunity and its shareholder value. Financial advisory for this strategic move involves firms such as Mizuho Bank and RBC Capital Markets. The transaction finalizes in Q2 2025 pending regulatory and legal clearances.
Sectors
- Energy
- Infrastructure
- Private Equity
Geography
- United States – The LNG project is located in Calcasieu Parish, Louisiana, and plays a strategic role in the U.S. Gulf Coast LNG corridor.
- Australia – Woodside Energy Group Ltd, an Australian company, is the existing owner and operator of the Louisiana LNG project.
Industry
- Energy – The main focus of the article is on the liquefied natural gas (LNG) market, specifically a project in the U.S. LNG corridor, and involves significant investments in gas infrastructure.
- Infrastructure – The acquisition involves infrastructure development, specifically a large-scale liquefied natural gas production and export facility construction and operation.
- Private Equity – The transaction involves Stonepeak, a leading private equity firm, which specializes in infrastructure and real asset investments.
Financials
- 40% – The stake acquired by Stonepeak in Louisiana LNG Infrastructure LLC.
- 27.6 million tonnes per annum – The total permitted production capacity of the Louisiana LNG facility.
- $72 billion – The amount of assets under Stonepeak's management.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Stonepeak | Buyer | Company | A leading alternative investment firm specializing in infrastructure and real assets. |
| Woodside Energy Group Ltd | Seller and Operator | Company | A global energy company with over 35 years in the LNG industry, originally pioneering Australia's LNG market. |
| Louisiana LNG Infrastructure LLC | Target Company | Company | A liquefied natural gas production and export terminal in Calcasieu Parish, Louisiana. |
| Mizuho Bank, Ltd | Financial Advisor to Stonepeak | Company | A global financial institution acting as a financial advisor. |
| RBC Capital Markets | Financial Advisor to Woodside | Company | A premier global investment bank working as a financial advisor. |
| Bechtel | EPC Contractor | Company | An industry leader in infrastructure project delivery. |