TechnipFMC said it was launching a placement of 16 million shares in Technip Energies, one of the world’s leading liquefied natural gas engineering companies, representing around 9 percent of the outstanding share capital of Technip Energies.

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The Cameron LNG project on the Calcasieu Ship Channel in Louisiana has received top ratings for impending bond offers of up to $3 billion to underscore the investment value and projected revenue flows from the existing plants while the growing list of regulatory approvals for new ventures will increase competition for debt funding and loans.

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