{"id":35361,"date":"2026-07-14T02:57:00","date_gmt":"2026-07-14T00:57:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=28aeb6b0e3cc0a33efee6ac301013a30"},"modified":"2026-07-14T02:57:00","modified_gmt":"2026-07-14T00:57:00","slug":"glenfarne-announces-a-500-million-investment-in-texas-lng-by-hps-investment-partners","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=35361","title":{"rendered":"Glenfarne Announces a $500 Million Investment in Texas LNG by HPS Investment Partners"},"content":{"rendered":"

HOUSTON & BROWNSVILLE, Texas--(BUSINESS WIRE)--Glenfarne Group, LLC (\u201cGlenfarne\u201d) today announced a $500 million investment with lead investors being investment funds and accounts managed by global investment firm, HPS Investment Partners, a part of BlackRock. The investment, which is subject to usual and customary conditions, will support the continued development and early construction works of Texas LNG, Glenfarne\u2019s liquefied natural gas (\u201cLNG\u201d) export terminal at the Port of Brownsville. Today\u2019s announcement marks one of the final steps required for Texas LNG before achieving Final Investment Decision (\u201cFID\u201d).<\/p><\/a><\/a>

\nThe investment supports the recently announced Limited Notice to Proceed (\u201cLNTP\u201d) with Kiewit as part of the project\u2019s executed lump-sum turnkey contract. As Texas LNG continues to progress towards FID, the LNTP will include the issuance of critical purchase orders with key equipment suppliers, EPC-phase engineering activities, and geotechnical work.<\/p>

\n\u201cThis latest investment milestone is evidence of the execution readiness of Texas LNG, as it enables a number of strategic initiatives for the project, including placement of purchase orders for certain critical equipment packages,\" said Vlad Bluzer, Co-President of Texas LNG and Partner at Glenfarne.<\/p>

\nTexas LNG is being developed as one of the lowest-emitting LNG export facilities in the world through the use of electric motor drives. The project is part of Glenfarne\u2019s permitted North American LNG portfolio, which totals 32.8 MTPA of capacity under development across Alaska, Louisiana, and Texas.<\/p>

\nAbout Texas LNG<\/b><\/p>

\nTexas LNG is an LNG export facility to be constructed at the Port of Brownsville, Texas, and a subsidiary of global energy and infrastructure leader Glenfarne Group, LLC. Texas LNG is led by an experienced team committed to developing one of the cleanest, lowest-emitting LNG export facilities in the world through the use of electric motor drives. Additional information about Texas LNG may be found at www.texaslng.com<\/a>.<\/p>

\nAbout Glenfarne Group<\/b><\/p>

\nGlenfarne Group is a privately held global developer, owner, and operator of energy infrastructure assets. Through its subsidiaries, Glenfarne owns and operates 60 energy assets through three core businesses: Global LNG Solutions, Grid Stability, and Renewables. Glenfarne\u2019s permitted North American LNG portfolio totals 32.8 MTPA of capacity under development in Alaska, Louisiana, and Texas. For more information, please visit www.glenfarne.com<\/a>.<\/p> Contacts<\/b>

\nMedia Contact<\/b>Tim Fitzpatrick\ntim.fitzpatrick@glenfarnecompanies.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

HOUSTON & BROWNSVILLE, Texas–(BUSINESS WIRE)–Glenfarne Group, LLC (\u201cGlenfarne\u201d) today announced a $500 million investment with lead investors being investment funds and accounts managed by global investment firm, HPS Investment Partners, a part of Bl…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-35361","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/35361","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35361"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/35361\/revisions"}],"predecessor-version":[{"id":35362,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/35361\/revisions\/35362"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}