Building upon the technology solutions provided for the first phase, Baker Hughes’ scope for the second phase includes four frame 7 turbines paired with eight centrifugal compressors across two LNG trains, supporting a nameplate capacity of approximately 13 million tonnes per annum (mtpa).
Additionally, Baker Hughes will provide two electric motor-driven compressors for the plant’s booster services, the company said.
Baker Hughes did not provide the price tag of the deal.
Sempra Infrastructure recently took a final investment decision on the second phase of the Port Arthur LNG project.
In addition, Sempra agreed to sell a 45 percent equity interest in Sempra Infrastructure to KKR and Canada Pension Plan Investment Board.
Including the first 13 mtpa phase, for which Sempra Infrastructure took FID in March 2023, the facility will have a total capacity of about 26 mtpa.
Sempra Infrastructure said the incremental project capital expenditures at Phase 2 are estimated at $12 billion, plus an approximate $2 billion payment for shared common facilities, with commercial operations expected in 2030 and 2031 for Trains 3 and 4, respectively.
Funding for Phase 2 is supported by an equity investment led by Blackstone Credit & Insurance, together with an investor consortium including KKR, Apollo-managed funds, and Private Credit at Goldman Sachs Alternatives.
Together these investors have acquired a 49.9 percent minority equity interest for $7 billion, while Sempra Infrastructure has retained a 50.1 percent majority stake in the project.
In addition to securing 100 percent equity financing, Sempra Infrastructure has contracted with Bechtel, which has received full notice to proceed for the project.
