other_material
confidence high
sentiment positive
materiality 0.80
Cheniere approves FID for Corpus Christi Trains 8&9; raises dividend, targets >$25/sh DCF
Cheniere Corpus Christi Holdings, LLC
- Positive FID for CCL Midscale Trains 8 & 9 adding ~5 mtpa; full notice to proceed issued to Bechtel.
- Total run-rate LNG capacity expected to exceed 60 mtpa by 2028, a >10% increase.
- Planned Q3 2025 dividend increase from $2.00 to $2.22 per share annualized (>10% raise).
- Expects >$25 billion available cash through 2030 for growth, buybacks, debt management, and dividends.
- Targeting run-rate Distributable Cash Flow of >$25 per share by early 2030s.
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