Cheniere secures $750 million loan

By LNG World News Aerial view of Corpus Christi plant siteU.S. LNG export player Cheniere Energy said it has secured another US$750 million through a four-year revolving credit facility with nine financial institutions.
The company intends to use the credit facility to fund equity capital contributions to Cheniere CCH HoldCo II, a unit of Cheniere, and for general corporate purposes.
Cheniere CCH HoldCo II holds equity through its subsidiary in the Corpus Christi Liquefaction project entities.
The construction of Cheniere’s second LNG export project near Corpus Christi, Texas, has reached 49.2 percent completion, ahead of contractual schedule.
The facility will have three liquefaction trains with a nominal

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