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Stock impact report

Venture Global (VG) Climbs 14.5% on $8.6-Billion Fundraising, Moves Forward With LNG Project [Yahoo! Finance]

Venture Global, Inc. Class A common stock (VG) 
Last venture global, inc. class a common stock earnings: 2/18 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.vonage.com
Company Research Source: Yahoo! Finance
Venture Global rallied for a second day on Wednesday, adding 14.54 percent to close at $14.85 apiece, as investors cheered the go-signal and successful raising of $8.6 billion in fresh funds for the development of its third liquefied natural gas (LNG) project in Louisiana. In a statement on the same day, Venture Global Inc. (NYSE:VG) said that it received as much as $19 billion in financing interest from leading banks globally—much more than what it needed—suggesting optimism for the CP2 LNG (CP2) project and strong support for its second phase of development. Earlier, the company likewise received $34 billion worth of financing interests from the banks. Venture Global (VG) Climbs 14.5% on $8.6-Billion Fundraising, Moves Forward With LNG Project “We are extremely proud to have taken FID (financial investment decision) on the second phase of CP2, our third greenfield project, bringing Venture Global's executed capital markets transactions to more than $95 billion,” Venture Glo Show less Read more
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