Venture Global, Inc. (NYSE:VG) surged by 4.07% between July 23 and July 30, 2025, putting it among the Energy Stocks that Gained the Most This Week.
A closeup of the Rio Grande LNG terminal facility, showing its massive scale.
Venture Global, Inc. (NYSE:VG) develops and constructs LNG export projects to provide clean, affordable energy to the world. The company is currently the second-largest LNG exporter in the United States.
Venture Global, Inc. (NYSE:VG) shot up this week following reports that the company has decided to go ahead with the construction of its CP2 export facility in Louisiana after it closed $15.1 billion in financing for the first phase of the project. According to VG, the facility has secured over $34bn in commitments, making it the largest standalone project financing to date.
With a peak capacity of 28 million metric tons per annum, CP2 is expected to boost Venture Global, Inc. (NYSE:VG)’s export capacity by more than 70% within two years, turning it into the largest exporter of American LNG.
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