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US LNG Developers Eye Equity Financing Shift

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US LNG developers are seeking more equity financing to ensure that their projects are sanctioned in a more uncertain economic environment. Higher interest rates, along with less creditworthy buyers entering the market, are making it more challenging for companies to secure project financing mostly through banks, despite the high demand for the superchilled fuel. “Underlying interest rate increase is definitely a big reason” for the shift toward more equity financing, an LNG source with a US investment fund tells Energy Intelligence.

Topics:
LNG Projects, Liquefaction, Corporate Strategy , LNG Supply, Liquefaction, Equity and Debt Markets, Majors
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