Venture Global, Inc. (Ticker: VG) is a U.S.-based liquefied natural gas (LNG) producer developing five LNG liquefaction and export projects near the Gulf of Mexico in Louisiana. The company’s projects are designed to deliver a total expected peak production capacity of 143.8 million tons per annum (mtpa). Venture Global's business model focuses on a scalable and cost-effective approach, enabling faster market entry.
The company will list on the NYSE on January 24, 2025. Venture Global is offering 50.0 million shares at a price range of $40.00 to $46.00 per share, aiming to raise $2.15 billion at the midpoint of the range. The estimated market capitalization at the midpoint is $103.18 billion.
The offering is managed by Goldman Sachs, J.P. Morgan, BofA Securities, ING, RBC Capital Markets, Scotia Capital, Mizuho Securities, Santander, SMBC Nikko, MUFG, and BBVA, with co-managers including Loop Capital Markets, Natixis, and Deutsche Bank.