Project Financing & Capacity Expansion - Venture Global secured $15 billion in project financing for CP2, the largest standalone project financing ever, to complete approximately 20 million tons of production capacity for phase one [2] - CP2's peak capacity for the first two phases will be 28 million tons per annum [2] - Venture Global believes it is the lowest cost builder of liquefaction capacity [5] Market Dynamics & Demand - The energy contracts are typically long-term, with 20-year contracts being fairly standard in the LNG industry [4] - Increased demand will allow Venture Global to bring more low-cost LNG and natural gas to global markets, aiming to keep prices low and sustainable [6] - Asia and Europe are short on electricity production capacity, making the current period the early days of global gas exports deployment, further amplified by artificial intelligence demand [8] - The US LNG industry is built upon the innovation of the shale gas revolution, and Venture Global aims to further lower costs through its innovation [9] Financial & Investment - The project financing attracted significant interest, with $34 billion of orders for $15 billion of capital, indicating strong support from financial institutions [11] - European banks showed strong support for the transaction, aligning with the European Union's long-term goals [11][12] - CP2 alone is projected to generate several hundred billion dollars in sales of gas over its lifetime [12] - Venture Global claims to have the lowest long-term contract price available in the US [13]