Venture Global LNG Moves Forward with IPO

Venture Global LNG is preparing for its initial public offering (IPO), aiming for a valuation up to $110 billion. The Arlington, Virginia-based company plans to offer 50 million shares priced between $40 and $46 each, potentially raising between $2 billion and $2.3 billion. This IPO could be the largest by an energy firm in the U.S. since 2013 and is expected to occur amid rising global demand for liquefied natural gas (LNG). The company's ability to finalize its IPO price will depend on market conditions and investor demand. Venture Global operates a significant LNG facility in Louisiana and aims to enhance its role in the energy sector, particularly as the U.S. continues to be a major LNG exporter. The offering is also notable as it may happen under the second administration of President-elect Donald Trump, who has expressed intentions to lift restrictions on LNG export licenses.