Louisiana’s G2 Net-Zero LNG has added an international financial advisor.
G2 Net-Zero LNG Chairman Chas Roemer last week announced that Maius GmbH (Maius), a Swiss structuring and project finance advisor, will advise the company on its financial structure and risk mitigation.
G2 Net-Zero LNG, a venture of Chas Roemer Innovations, is building the world’s first LNG export and industrial gas production complex promising net-zero carbon emissions from upstream to dockside by as early as 2027.
By 2027, the complete facility is projected to produce 13 million tpy of LNG, over 1000 MW of electricity and will capture up to 4 million t of CO2. The project requires an investment of up to $10.5 billion in two phases. The first phase of approximately $1.2 billion does not require regulatory approval by FERC, allowing for an accelerated project development schedule and early revenues.
Maius specializes in providing customized financial services that support industrial projects and facilitate their growth and expansion. The company has a well-established expertise in integrating insurers with financiers to reduce and share the risk, allowing for a significant reduction in the project’s risk and cost.
“Our engagement with Maius is one more step forward in our promise to provide the world market with the clean LNG it is demanding,” Roemer said in the announcement. “Maius will make sure we’re working with financial partners who are as committed as we are to the international goal of access to clean and affordable energy in every part of the globe.”
Maius’ CEO Stefan Rohmer says the firm will work with their G2 executives on a strategy for sourcing private international debt and equity financing.
G2 CEO Angele Davis said Maius has a “proven ability to bring their clients a wide variety of potential private debt and equity partners, allowing G2 to find the right fit for our objectives and ambitions.”