We advised Venture Global on its IPO and NYSE listing

Davis Polk advised Venture Global, Inc. on its SEC-registered initial public offering of 70,000,000 shares of Class A common stock for total gross proceeds of $1.75 billion. The underwriters have an option to purchase up to an additional 10,500,000 shares of Class A common stock. Venture Global is listed on the New York Stock Exchange under the ticker symbol “VG.”

Venture Global has fundamentally reshaped the development and construction of liquefied natural gas production, establishing itself as a rapidly growing company delivering critical LNG to the world. Its innovative and disruptive approach, which is both scalable and repeatable, allows it to bring LNG to a global market years faster and at a lower cost. Venture Global’s business includes assets across the LNG supply chain, including LNG production, natural gas transport, shipping and regasification. The company is currently constructing and developing over 100 million tonnes per annum (MTPA) of nameplate production capacity to provide clean, affordable energy to the world.

The Davis Polk capital markets team included partners Richard D. Truesdell Jr. and Marcel Fausten, counsel Joze Vranicar and associates Samuel S. Vallejo, Agustin N. Lopez Roualdes and Matthew L. Hulse. Partner Veronica M. Wissel, counsel Charlotte R. Fabiani and associate Mackenzie Bouverat provided executive compensation advice. Partner Michael Mollerus provided tax advice. The environmental team included counsel David A. Zilberberg and associate Timothy J. Sullivan. All members of the Davis Polk team are based in the New York office.

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