Caribe LNG, a Cayman Islands based private credit platform unvieled a strategic financing partnership with ArtCap Strategies (“ArtCap”). This agreement holds a major step in the development of Colombia’s first fast-track FSU-based LNG import terminal, securing a financing facility tied to the project’s Floating Storage Unit (FSU) and key ancillary infrastructure. The financing aims for broader capital structure that includes plans for arranging long-term senior debt facilities.
ArtCap is having more than five decades of combined experience in structured and corporate finance, investment banking, and legal advisory across Latin America and the Caribbean. As a strategic financing partner, ArtCap will play an integral role in structuring as well as supporting the project’s long-term capital requirements.
Declining gas production and hydroelectric shortfalls have created urgent demand for LNG imports. Caribe LNG is manufactured to fill this gap by providing a fast-track, scalable import service that is expected to begin serving the market in 2026.
Executive Statement
According to Pablo Tribin, Managing Partner of Caribe LNG, this partnership with ArtCap accelerates their ability to deliver a transformative project that strengthens Colombia’s energy security. With domestic gas production in decline and hydroelectric reliability threatened by El Niño, Colombia urgently needs a reliable, scalable solution. ArtCap’s commitment is a strong endorsement of their vision and provides the financial foundation to deliver on it.
According to Hieu Pham, Managing Partner of ArtCap, Caribe LNG represents the type of critical infrastructure project that aligns with their investment philosophy. As a long-term capital partner, they are proud to provide innovative financing solutions that support timely execution, ensure Colombia meets its energy needs, as well as enhance LNG integration across the region.