Woodside's share of investment in the project is $6.9 billion, to be funded off its balance sheet. BHP on Monday signed off on $1.5 billion for the first phase of Scarborough development. It is not a stakeholder in the Pluto LNG plant.To spread the cost of the project, Woodside last week agreed to sell a 49% stake in Pluto Train 2 to Global Infrastructure Partners."The announcement confirms that Scarborough economics have improved for Woodside in the wake of the infrastructure selldown," Credit Suisse analyst Saul Kavonic said.
https://www.oedigital.com/news/492262-woodside-bhp-sanction-12b-scarborough-lng-project
WPL@$30, page-4098
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