FollowNGL
Oct 25, 4:03 PM
$VG If a competitor tried to buy 300 acres of prime powered land in a major market, they would face up to
$2.4 billion just for the dirt before laying a single piece of concrete. Even if they bought cheaper, unpowered land, they would have to sit on those carrying costs for a 5-to-7-year Louisiana grid interconnection queue. By using behind-the-meter, on-site natural gas supplies on property they already own, Venture Global avoids billions in land premiums and years of delayed revenue.
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