White & Case LLP represented Freeport LNG Expansion, L.P. and its subsidiaries in the successful financing of the third train of the Freeport liquefaction facility.
Total anticipated project costs for Train 3 of the project, being constructed at Quintana Island near Freeport, Texas, exceed US$4.2 billion.
Commenting on the success of the deal, lead partner Jason Webber said: "We are extraordinarily pleased to have completed the financing of train 3. These two financings cap three incredibly rewarding years working with Freeport LNG and Macquarie Capital to enable the first phase of this important project.”
"We are especially proud of the creativity and hard work that went into structuring the mezzanine debt financing to complete the financing of train 3 without further cash equity contributions from Freeport LNG," added partner Clark Wohlferd.
The core White & Case team advising on the Freeport LNG transactions included Jason Webber, Clark Wohlferd, Frank Schoen, Melinda Baglio, Alec Johnson, Hamad Al-Hoshan, Elijah Gjeltema, Cristian Blumm, Julia Bell, and Rohit Pothukuchi.
Adapted from press release by Katie Woodward
Read the article online at: https://www.lngindustry.com/liquefaction/30042015/white-and-case-represents-freeport-financing-671/