{"schema_version":"secwatch.filing_event.v1","accession":"0002007855-25-000056","form_type":"8-K","ticker":"VG","cik":"0002007855","company_name":"Venture Global, Inc.","filed_at":"2025-09-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.803866+00:00","generated_at":"2026-05-17T05:27:53.807883+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Venture Global JV Blackfin secures $1.55B credit facilities for Texas pipeline","bullets":["Blackfin Pipeline LLC (VG JV with WhiteWater) entered up to $1.55B facilities: $1.05B TLB, $425M TLA, $75M revolver.","Proceeds fund a 3.3 Bcf/d natural gas pipeline from Colorado to Jasper County, Texas, plus reimburse affiliates for prior costs.","TLB fully drawn at close, matures Sept 29, 2032; TLA & revolver mature Sept 29, 2030.","Facilities secured by first-priority lien on substantially all assets of guarantors and equity of borrower."],"urls":{"canonical":"https://secwatch.observer/filing/0002007855-25-000056","json":"https://secwatch.observer/filing/0002007855-25-000056.json","markdown":"https://secwatch.observer/filing/0002007855-25-000056.md","text":"https://secwatch.observer/filing/0002007855-25-000056.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2007855/000200785525000056/0002007855-25-000056-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2007855/000200785525000056/vg-20250929.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T05:27:53.807883+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a17ff630568e44016a2ae64edf2310d1a840dedf","claim":"Venture Global, Inc. incurred credit facility of $1.550 billion aggregate, consisting of $1.050 billion TLB Facility, $425 million TLA Facility, $75 million Revolving Fa with WhiteWater Development LLC at Term SOFR plus an agreed margin, or Base Rate plus an agreed margin maturing TLB Facility September 29, 2032; TLA Facility and Revolving Facility September 29, 2030.","evidence_excerpt":"On September 29, 2025 (the “Closing Date”), Blackfin Pipeline, LLC (“Borrower”), a joint venture between Venture Global, Inc. (the “Company”) and WhiteWater Development LLC, entered into senior secured credit facilities in an aggregate amount up to $1.550 billion, consisting of (i) a term loan facility in an initial principal amount equal to $1.050 billion (the “TLB Facility”), (ii) a delayed draw, construction loan facility, convertible to a term loan facility, in an initial principal amount up to $425 million (the “TLA Facility”) and (iii) a revolving loan and letter of credit facility of up to $75 million (the “Revolving Facility” and, together with the TLB Facility and the TLA Facility, the “Senior Secured Credit Facilities”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/2007855/000200785525000056/0002007855-25-000056-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$1.550 billion aggregate, consisting of $1.050 billion TLB Facility, $425 million TLA Facility, $75 million Revolving Fa"},{"label":"Counterparty","value":"WhiteWater Development LLC"},{"label":"Rate","value":"Term SOFR plus an agreed margin, or Base Rate plus an agreed margin"},{"label":"Maturity","value":"TLB Facility September 29, 2032; TLA Facility and Revolving Facility September 29, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}