Partnership strengthens the project’s capital structure and ensures resources for critical infrastructure.
Caribe LNG announced a strategic financing partnership with ArtCap Strategies (“ArtCap”), a Cayman Islands–based private credit platform. This milestone agreement marks a significant 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 is part of a broader capital structure that includes plans for arranging long-term senior debt facilities.
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“This partnership with ArtCap accelerates our ability to deliver a transformative project that strengthens Colombia’s energy security,” said Pablo Tribin, Managing Partner of Caribe LNG. “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 our vision and provides the financial foundation to deliver on it.”
“Caribe LNG represents the type of critical infrastructure project that aligns with our investment philosophy,” said Hieu Pham, Managing Partner of ArtCap. “As a long-term capital partner, we are proud to provide innovative financing solutions that support timely execution, ensure Colombia meets its energy needs, and enhance LNG integration across the region.”
Colombia faces structural energy challenges. Declining gas production and hydroelectric shortfalls have created urgent demand for LNG imports. Caribe LNG is designed to bridge this gap by providing a fast-track, scalable import solution that is expected to begin serving the market in 2026.
ArtCap brings 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 plays an integral role in structuring and supporting the project’s long-term capital requirements.
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