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Texas LNG Developer Starts Search for Project Funders
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Why This Matters
Glenfarne Group has initiated a search for project funders for its Texas LNG project, following a 20-year offtake deal with Macquarie Group, with Mizuho Financial Group and Imperial Bank of Commerce providing advisory services.
Market Impact
Market impact analysis based on bullish sentiment with 80% confidence.
Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term
Article Context
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Glenfarne Group has started its search for companies to finance its Texas LNG project, Bloomberg has reported, citing the company. Mizuho Financial Group and Canada’s Imperial Bank of Commerce are advising it. The news follows the signing of a 20-year LNG offtake deal between Glenfarne and Australia’s Macquarie Group, announced in early December. The deal was for a modest 500,000 tons of liquefied gas annually. The Texas LNG facility will have a total annual capacity of 4 million tons of the superchilled fuel. Earlier in the year, Glenfarne…
Original article published by
OilPrice.com
on January 9, 2026.
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