What is the purpose of Stonepeak's $2.5 billion private bond issuance?

The $2.5 billion in private bonds was sold by Stonepeak Wallaby I Acquiror LP to refinance a loan used to fund the construction of a liquefied natural gas production and export terminal in Calcasieu Parish, Louisiana.

Who are the arrangers of Stonepeak's private bond transaction, and what is the project's ownership structure?

Mizuho Financial Group and RBC arranged the private bond transaction; Stonepeak acquired a 40% interest in the Louisiana LNG facility from Woodside Energy Group Ltd., which is developing the project as its first LNG export venture outside Australia.

Stonepeak Raises $2.5 Billion in Private Bonds Tied to LNG Plant

Jun 24, 2026

Stonepeak raised $2.5 billion in private bonds to refinance construction debt for a Louisiana LNG export terminal, a Woodside Energy joint venture scheduled for first shipments in 2029.

bloomberg

2026-06-24

Stonepeak Raises $2.5 Billion in Private Bonds Tied to LNG Plant

Stonepeak Raises $2.5 Billion in Private Bonds Tied to LNG Plant

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