Energy investment banking firm Taylor-DeJongh served as financial advisor to the Export-Import Bank of the United States (Ex-Im Bank) for the financing of a US$1.8 billion direct loan to BG Energy Holdings Ltd. (BG) to support US exports for a natural gas liquefaction (LNG) project in Queensland, Australia.
Ex-Im Bank’s financing will cover approximately US$1.8 billion in goods and services related to the construction of the Queensland Curtis LNG Plant Trains. This is the Bank’s second LNG project in Australia, and it will support an estimated 9,200 American jobs.
This project is also the second coal seam gas to LNG project in Australia successfully concluded by Taylor-DeJongh.
Director John Sachs says “Taylor-DeJongh is pleased to have worked with US Ex-Im Bank on this important transaction. Ex-Im Bank’s role in supporting the U.S. economy has been vital to the continued recovery and creation of jobs.”