{"id":1010427,"date":"2026-10-15T06:13:32","date_gmt":"2026-10-15T10:13:32","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/venture-global-secures-new-agreements-to-support-expansion-of-existing-grid-independent-power-network\/"},"modified":"2026-10-15T06:13:32","modified_gmt":"2026-10-15T10:13:32","slug":"venture-global-secures-new-agreements-to-support-expansion-of-existing-grid-independent-power-network","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/venture-global-secures-new-agreements-to-support-expansion-of-existing-grid-independent-power-network\/","title":{"rendered":"Venture Global Secures New Agreements to Support Expansion of Existing Grid-Independent Power Network"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Venture Global Secures New Agreements to Support Expansion of Existing Grid-Independent Power Network<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li><i>Landmark Agreement with GE Vernova and Baker Hughes supports the development of over 10 GW of new Island-Mode power capacity across sites owned or controlled by Venture Global<\/i><\/li>\n<li><i>Leverages existing team and execution capabilities to enable rapid deployment of adjacent, behind-the-wall, large-scale data centers with no reliance on the public electric grid demand or extra cost to consumers<\/i><\/li>\n<li><i>Staged, market-driven expansion advances Venture Global\u2019s critical energy infrastructure strategy in a disciplined manner and positions the Company to facilitate power and compute capacity at gigawatt-scale on an attractive timeline<\/i><\/li>\n<\/ul>\n<p>ARLINGTON, Va.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nVenture Global, Inc. (NYSE: VG) today announced it has entered into power and grid frame agreements with GE Vernova and Baker Hughes Energy Services for up to 16 new, 720 MW power island units and associated power transformer equipment, supporting the continued expansion of its existing behind-the-meter, Island-Mode industrial power network that is not reliant on the grid.<\/p>\n<p>\nThe agreements will enable continued growth in Venture Global\u2019s LNG business and provide a pathway to make up to 10 GW of new compute capacity available over time \u2013 at sites owned or controlled by the Company &#8211; for potential adjacent infrastructure and data centers. With Island Mode power generated using this incremental dedicated on-site infrastructure, the expansion would place no additional demand on the public electric grid or public water utilities and, therefore, have no added costs to local consumers. This new capacity would build on the company\u2019s 4.5 gigawatts of Island Mode modular, gas-fired generation that has and will continue to supply power to our facilities.<\/p>\n<p>\n\u201cOver the last decade, Venture Global has successfully built complex energy infrastructure, including one of the world\u2019s largest private industrial electric grids that supports our core LNG export business. Our power generation platform is not reliant on the grid and reliably runs completely behind-the-meter making this new opportunity a natural extension of what we are experienced and proven to do safely, reliably, and at-scale,\u201d said <b>Venture Global CEO Mike Sabel<\/b>.<\/p>\n<p>\n\u201cThese new agreements outline a phased, disciplined expansion to make reliable, large-scale power capacity available for new compute as and when we elect. By providing Island-Mode power generation, gas supply, closed-loop water systems, thousands of acres of land, data centers, and other necessary infrastructure, Venture Global is creating a vertically integrated AI utility that could solve for the many chokepoints associated with the AI buildout. This advances Venture Global\u2019s broader strategy of strengthening America\u2019s critical energy infrastructure and addressing one of the most important infrastructure challenges facing our nation today.\u201d<\/p>\n<p>\nThe company remains fully committed to our growing, robust LNG business, customers and our existing contractual commitments. Any potential third-party development for Island Mode power capacity would be separate from and complementary to Venture Global\u2019s existing LNG operations and would not impact the Company\u2019s LNG sales agreements or other existing commercial commitments. The production and delivery of low cost, clean American LNG for the next several decades remains our key strategic objective.<\/p>\n<p><b>Creating a Flexible Framework for Future Behind-the-Meter Expansion<\/b><\/p>\n<p>\nThe agreements provide that the Company may enter into certain definitive reservation agreements, which contain agreed pricing and delivery terms, to reserve manufacturing capability over time. This framework preserves Venture Global\u2019s flexibility on the timing and scope of future deployments. Venture Global currently expects to place its first power island purchase order by the end of 2026.<\/p>\n<p>\nVenture Global expects to build additional capacity in stages as customer commitments and other commercial arrangements are established, and the Company determines that additional deployment is warranted. Additional power islands and related electrical equipment would be ordered through future definitive reservation agreements or purchase orders based on the Company\u2019s operational and commercial needs. The 720 MW power island units would consist of combined cycle gas turbines and certain related equipment, utilizing configurations consistent with Venture Global\u2019s existing power infrastructure.<\/p>\n<p><b>Building on its Existing Differentiated Power Platform<\/b><\/p>\n<p>\nOver the past 15 years, Venture Global has grown into one of the world\u2019s largest LNG producers and exporters. As part of that development, the Company has built one of the largest private and self-sufficient industrial power grids in the world with 6 power islands ordered, in construction, or operating across its LNG facilities. This equates to approximately 4.5 gigawatts of modular, gas-fired generation that has and will supply power to its own facilities entirely behind the meter and off the grid.<\/p>\n<p>\nWith the up to 16 additional power island units contemplated by the new agreements, the Company expects to have the potential to continue supporting its growing LNG business and separately creating a substantial foundation for its AI utility. Subject to customer commitments, market demand, and other commercial considerations, the Company anticipates that it will be able to develop up to 10 GW of compute capacity by the end of 2034.<\/p>\n<p>\nVenture Global will work with federal, state, and local regulators on any additional permitting requirements. This week, the company will file its first permit applications to begin this process.<\/p>\n<p><b>About Venture Global<\/b><\/p>\n<p>\nVenture Global is an American producer and exporter of low-cost U.S. liquefied natural gas (LNG) with over 100 MTPA of capacity in production, construction, or development. Venture Global began producing LNG from its first facility in 2022 and is now one of the largest LNG exporters in the United States. The company\u2019s vertically integrated business includes assets across the LNG supply chain including LNG production, natural gas transport, shipping and regasification. The company\u2019s first three projects, Calcasieu Pass, Plaquemines LNG, and CP2 LNG, are located in Louisiana along the Gulf of America. Venture Global is developing carbon capture and sequestration projects at each of its LNG facilities.<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThis press release contains certain statements that may include \u201cforward-looking statements.\u201d All statements, other than statements of historical or present facts or conditions, included herein are \u201cforward-looking statements.\u201d Included among \u201cforward-looking statements\u201d are, among other things, statements regarding Venture Global\u2019s business strategy, plans and objectives. Venture Global believes that the expectations reflected in these \u201cforward-looking statements\u201d are reasonable, however they are inherently uncertain and involve a number of risks and uncertainties beyond Venture Global\u2019s control. In addition, assumptions may prove to be inaccurate. Actual results may differ materially from those anticipated or implied in \u201cforward-looking statements\u201d as a result of a variety of factors. These \u201cforward-looking statements\u201d speak only as of the date made, and other than as required by law, Venture Global undertakes no obligation to update or revise any \u201cforward-looking statement\u201d or provide reasons why actual results may differ, whether as a result of new information, future events or otherwise.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20261015475958r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20261015475958\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20261015475958\/en\/<\/a><\/span><\/p>\n<p>\nInvestors:<br \/>\n<br \/>Ben Nolan<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:IR@ventureglobalLNG.com\">IR@ventureglobalLNG.com<\/a><\/p>\n<p>\nMedia:<br \/>\n<br \/>Shaylyn Hynes<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:press@ventureglobalLNG.com\">press@ventureglobalLNG.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Virginia United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Utilities Technology Oil\/Gas Other Technology Energy Networks Artificial Intelligence<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20261015475958\/en\/2935096\/3\/logo_blue_red_sans_LNG%5B25%5D%5B65%5D.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Venture Global Secures New Agreements to Support Expansion of Existing Grid-Independent Power Network Landmark Agreement with GE Vernova and Baker Hughes supports the development of over 10 GW of new Island-Mode power capacity across sites owned or controlled by Venture Global Leverages existing team and execution capabilities to enable rapid deployment of adjacent, behind-the-wall, large-scale data centers with no reliance on the public electric grid demand or extra cost to consumers Staged, market-driven expansion advances Venture Global\u2019s critical energy infrastructure strategy in a disciplined manner and positions the Company to facilitate power and compute capacity at gigawatt-scale on an attractive timeline ARLINGTON, Va.&#8211;(BUSINESS WIRE)&#8211; Venture Global, Inc. (NYSE: VG) today announced it has entered into power and grid frame agreements &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/venture-global-secures-new-agreements-to-support-expansion-of-existing-grid-independent-power-network\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Venture Global Secures New Agreements to Support Expansion of Existing Grid-Independent Power Network&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1010427","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Venture Global Secures New Agreements to Support Expansion of Existing Grid-Independent Power Network - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/venture-global-secures-new-agreements-to-support-expansion-of-existing-grid-independent-power-network\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Venture Global Secures New Agreements to Support Expansion of Existing Grid-Independent Power Network - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Venture Global Secures New Agreements to Support Expansion of Existing Grid-Independent Power Network Landmark Agreement with GE Vernova and Baker Hughes supports the development of over 10 GW of new Island-Mode power capacity across sites owned or controlled by Venture Global Leverages existing team and execution capabilities to enable rapid deployment of adjacent, behind-the-wall, large-scale data centers with no reliance on the public electric grid demand or extra cost to consumers Staged, market-driven expansion advances Venture Global\u2019s critical energy infrastructure strategy in a disciplined manner and positions the Company to facilitate power and compute capacity at gigawatt-scale on an attractive timeline ARLINGTON, Va.&#8211;(BUSINESS WIRE)&#8211; Venture Global, Inc. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/venture-global-secures-new-agreements-to-support-expansion-of-existing-grid-independent-power-network\/","og_locale":"en_US","og_type":"article","og_title":"Venture Global Secures New Agreements to Support Expansion of Existing Grid-Independent Power Network - Market Newsdesk","og_description":"Venture Global Secures New Agreements to Support Expansion of Existing Grid-Independent Power Network Landmark Agreement with GE Vernova and Baker Hughes supports the development of over 10 GW of new Island-Mode power capacity across sites owned or controlled by Venture Global Leverages existing team and execution capabilities to enable rapid deployment of adjacent, behind-the-wall, large-scale data centers with no reliance on the public electric grid demand or extra cost to consumers Staged, market-driven expansion advances Venture Global\u2019s critical energy infrastructure strategy in a disciplined manner and positions the Company to facilitate power and compute capacity at gigawatt-scale on an attractive timeline ARLINGTON, Va.&#8211;(BUSINESS WIRE)&#8211; Venture Global, Inc. (NYSE: VG) today announced it has entered into power and grid frame agreements &hellip; Continue reading \"Venture Global Secures New Agreements to Support Expansion of Existing Grid-Independent Power Network\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/venture-global-secures-new-agreements-to-support-expansion-of-existing-grid-independent-power-network\/","og_site_name":"Market Newsdesk","article_published_time":"2026-10-15T10:13:32+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20261015475958r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/venture-global-secures-new-agreements-to-support-expansion-of-existing-grid-independent-power-network\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/venture-global-secures-new-agreements-to-support-expansion-of-existing-grid-independent-power-network\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Venture Global Secures New Agreements to Support Expansion of Existing Grid-Independent Power Network","datePublished":"2026-10-15T10:13:32+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/venture-global-secures-new-agreements-to-support-expansion-of-existing-grid-independent-power-network\/"},"wordCount":1160,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/venture-global-secures-new-agreements-to-support-expansion-of-existing-grid-independent-power-network\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20261015475958r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/venture-global-secures-new-agreements-to-support-expansion-of-existing-grid-independent-power-network\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/venture-global-secures-new-agreements-to-support-expansion-of-existing-grid-independent-power-network\/","name":"Venture Global Secures New Agreements to Support Expansion of Existing Grid-Independent Power Network - 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