Stonepeak invested $1.3bn in Calcasieu Pass LNG Export Facility.

Stonepeak, an infrastructure-focused private equity firm, invested $1.3bn in Calcasieu Pass LNG Export Facility, a liquefied natural gas export facility,. "We are long-term believers in the increasing importance of LNG as a global source of greener, cheaper energy and Stonepeak could not be more pleased to support Venture Global through the financing of this exciting project. Calcasieu Pass will be a critical provider of LNG to its blue-chip customer base and we look forward to supporting Venture Global, who we believe to be a global leader in developing low cost LNG production, in its efforts to bring cost-advantaged supply to new and existing markets," said Stonepeak Senior Managing Director Jack Howell.