Even though we've gone our separate ways, it's worth keeping an...

Even though we've gone our separate ways, it's worth keeping an eye on what your ex is up to.....

WOODSIDE ANNOUNCES LOUISIANA LNG PARTNERSHIP WITH STONEPEAK

Woodside has entered into a binding agreement with Stonepeak, a leading global investment firm
specialising in infrastructure and real assets, for the sale of a 40% interest in Louisiana LNG Infrastructure
LLC, providing validation of project quality and increasing attractiveness of the project to other potential
equity partners.
The transaction significantly reduces Woodside’s capital expenditure profile and is a material step towards
readiness for a final investment decision.
Under the transaction, Stonepeak will provide $5.7 billion towards the expected capital expenditure for the
foundation development of Louisiana LNG on an accelerated basis, contributing 75% of project capital
expenditure in both 2025 and 2026. This enhances the project economics and Woodside’s cash flow profile
ahead of revenues from Woodside’s Scarborough Energy Project in Australia, strengthening the capacity for
shareholder returns. The remainder of Stonepeak’s committed capital will be funded in subsequent years.