Glenfarne Group

What Glenfarne Group does

Glenfarne Group is a privately held New York-based developer, owner, operator, and industrial manager of energy and infrastructure assets, founded in 2011 by CEO Brendan Duval. The firm operates across three core business lines: Global LNG Solutions (Alaska LNG at 75% ownership, Texas LNG at 4 MTPA in Brownsville, and Magnolia LNG in Louisiana, totaling 32.8 MTPA of permitted North American LNG export capacity under development), Grid Stability, and Renewables (operated through the EnfraGen subsidiary jointly controlled with Partners Group, with over 60 energy assets and 2.2 GW of power generation across Chile, Colombia, Panama, and Costa Rica). The company combines proprietary technology, including electric drive motors for low-emission LNG liquefaction at Texas LNG and a planned 7 MTPA carbon capture facility at Alaska LNG, with project development expertise to address both domestic US energy needs and Asian LNG demand.

The business model generates revenue through long-term LNG offtake agreements (20-year binding SPAs with buyers such as RWE, Macquarie, Gunvor for Texas LNG and preliminary LOIs with JERA, Tokyo Gas, TotalEnergies, PTT, POSCO, CPC for Alaska LNG), pipeline transportation tariffs (planned for the 807-mile Alaska LNG pipeline), electricity sales from operating power assets to Latin American grids, and asset management fees for the 60+ assets under Glenfarne's operational oversight. Glenfarne Global Commodities provides LNG trading and marketing services, while Glenfarne Energy Transition serves as the holding entity for the integrated energy transition platform.

Since 2015, Glenfarne has raised more than $4 billion of capital and completed 15 mergers and acquisitions, with the firm currently positioned to reach final investment decision on Texas LNG in 2026 and advance Alaska LNG toward FID following secured gas supply agreements from all three major North Slope producers (ConocoPhillips, ExxonMobil, Hilcorp) and over 11 MTPA of preliminary Asian offtake commitments. Strategic alliances with Baker Hughes (equipment supply), POSCO International (steel supply and offtake), Worley (EPCM), Kiewit (EPC), and Danaos (LNG shipping with $50 million equity investment) evidence a coordinated ecosystem approach to project execution.

Name

Glenfarne Group

Legal name

Glenfarne Group, LLC

Website

https://glenfarnegroup.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

11–50 employees

Short description

Glenfarne Group is a private developer, owner, and operator of energy and infrastructure assets, managing 60+ power and LNG projects across the Americas, Asia, and Europe. It develops LNG export terminals (32.8 MTPA permitted capacity), renewable and grid-stability power assets via EnfraGen, and serves Asian LNG buyers, Latin American utilities, and US energy consumers.

Ownership category

akta.pro rank

Product category

LNG Infrastructure and Energy Development

SIC

Natural Gas Transmisison & Distribution (4923)

akta.pro primary industry

LNG Midstream Services & Logistics (Reloading, Transshipment, Breakbulk) (EUALAFAG)

akta.pro secondary industries

Mid/Long-Term LNG Contract Portfolio Management (SPA Optimization) (EUAGAHAB), Supply Chain & Product Carbon Advisory (Scope 3 Procurement, PCF Support) (EUABADAJ)

Keywords

• LNG export infrastructure
• Natural gas pipelines
• Renewable power generation
• Grid stability services
• Energy infrastructure development

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Supply Chain, Technology or R&D

Revenue model

1. LNG Export and Sales: Glenfarne generates revenue through development and operation of LNG export terminals. Texas LNG (4 MTPA) and Alaska LNG (20 MTPA) will sell LNG to offtake partners under long-term contracts. Glenfarne Global Commodities manages LNG trading and marketing.
2. Power Generation Operations: Through EnfraGen, Glenfarne operates renewable power assets (solar, hydro) and grid stability assets across Latin America. These assets generate revenue through electricity sales to local grids and utilities.
3. Pipeline Transportation Fees: Alaska LNG pipeline will charge tariffs for transporting natural gas from North Slope to Southcentral Alaska and LNG export facilities, generating fee-based revenue.
4. Asset Management and Operations: Glenfarne provides strategic technical, operational, and administrative expertise to its assets at board level and day-to-day management basis, generating fee income.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Glenfarne Group is a developer, owner, operator and industrial manager of energy and infrastructure assets. It develops, finances and operates LNG export terminals (Alaska LNG, Texas LNG, Magnolia LNG), natural gas pipelines, renewable and grid stability power assets through EnfraGen in Latin America, and LNG commodity trading through Glenfarne Global Commodities. The portfolio spans 32.8 MTPA of permitted North American LNG capacity and 2.2 GW of power generation across more than 60 assets in the Americas, Asia and Europe.

Product overview

Glenfarne Group is a developer, owner, operator, and industrial manager of energy and infrastructure assets offering a diversified portfolio across three core business areas: Global LNG Solutions, Grid Stability, and Renewables. The company's LNG portfolio includes three major projects: Alaska LNG (an 807-mile pipeline plus 20 MTPA export terminal in Alaska, with Glenfarne holding 75% ownership), Texas LNG (a 4 MTPA export terminal in Brownsville, Texas), and Magnolia LNG (a late-stage export project in Louisiana). Power generation assets are operated through EnfraGen, a jointly controlled subsidiary covering grid stability and renewable solar/hydro assets across Latin American markets (Colombia, Chile, Panama, Costa Rica). The company also operates Glenfarne Global Commodities, an LNG trading and marketing platform serving Atlantic and Pacific markets. Alder Midstream manages midstream energy infrastructure assets. Total portfolio comprises over 60 energy assets with 2.2 GW of power generation capacity and 32.8 MTPA of permitted LNG export capacity under development.

Differentiator

Problem solved

Functional benefit

Brands

• EnfraGen: Developer, owner and operator of specialized renewable solar, hydro and grid stability assets across Latin American investment-grade countries, jointly controlled by Glenfarne Group and Partners Group
• Alder Midstream
• Glenfarne Energy Transition
• Magnolia LNG
• Texas LNG
• Glenfarne Global Commodities

Products and services

• Alaska LNG 807-mile, 42-inch pipeline from Alaska's North Slope to deliver domestic natural gas and produce 20 MTPA of LNG for export, developed in two financially independent phases. Phase One includes the domestic pipeline; Phase Two adds LNG export facilities in Nikiski. Glenfarne holds 75% ownership.
• Texas LNG 4 MTPA LNG export terminal being developed in the Port of Brownsville, Texas, utilizing electric drive motors for low-emission liquefaction. Targeted for final investment decision in early 2026.
• Magnolia LNG Late-stage LNG export project based in Lake Charles, Louisiana, part of Glenfarne's North American LNG portfolio.
• EnfraGen Developer, owner and operator of specialized renewable solar, hydro and grid stability assets across Latin American investment-grade countries (Chile, Colombia, Panama, Costa Rica), jointly controlled by Glenfarne and Partners Group. EnfraGen operates grid stability and renewable power plants, including EnfraGen Colombia, EnfraGen Chile and EnfraGen Central America.
• Chile Solar and Battery Storage Portfolio (Metlen Acquisition) 909 MW integrated utility-scale solar and battery energy storage portfolio in Chile acquired from Metlen Energy & Metals for $865 million, adding significant capacity to EnfraGen's renewable generation platform.
• Glenfarne Global Commodities Global LNG commodities platform providing commercial flexibility and optionality, including 1.5 MTPA of offtake capacity from Texas LNG and anticipated volumes from Alaska LNG. Serves both Atlantic and Pacific basin markets.
• Alder Midstream Subsidiary focused on building, owning and operating global energy infrastructure assets across the energy value chain. Houses Texas LNG and Magnolia LNG.

Quantifiable outcome

• Potential reduction of global CO2 emissions by up to 77 million tonnes per year through offsetting coal use in Asia and reduced shipping emissions
• +3 more outcomes

Named customers16 records

Segments4 records

Ideal customer profiles4 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

21 partnerships are on record, tiered core.

• Alaska Building Trades (18 unions affiliated with Alaska AFL-CIO)coreStrategic or Co-development Partner · 11 June 2026MOU signed to prioritize hiring Alaska workers for Alaska LNG construction. Covers 12,000 construction jobs and framework for Project Labor Agreements. Includes Building and Construction Trades Council of Southcentral Alaska, Fairbanks Building and Construction Trades Council.
• ConocoPhillips AlaskacoreStrategic or Co-development Partner · 18 May 202630-year gas sales precedent agreement to supply natural gas from North Slope for Phase One of Alaska LNG. Completes the collection of supply commitments from all three major North Slope producers, providing sufficient gas volumes for FID.
• Kiewit Energy GroupcoreImplementation/ SI/ Consulting Partner · 9 March 2026Lump-sum turnkey EPC contract for Texas LNG. Kiewit will perform engineering, procurement, module fabrication, construction and commissioning. KOS facility in Ingleside, Texas handles fabrication. 14 months of pre-FID engineering completed.
• TotalEnergiescoreStrategic or Co-development Partner · 26 February 2026LOI signed for 2 MTPA LNG offtake for 20 years from Alaska LNG. TotalEnergies was the top US LNG exporter in 2025 with 19 MT representing 18% of US production. Agreement witnessed by Senators Sullivan and Begich.
• ExxonMobilcoreStrategic or Co-development Partner · 22 January 2026Gas Sales Precedent Agreement with ExxonMobil for gas supply to Alaska LNG pipeline. ExxonMobil is one of the three major North Slope producers committed to Alaska LNG.
• Hilcorp AlaskacoreStrategic or Co-development Partner · 22 January 2026Gas Sales Precedent Agreement with Hilcorp Alaska for additional volumes of gas to Alaska LNG pipeline. Hilcorp is one of Alaska's largest oil and gas operators.
• Great Bear PantheoncoreStrategic or Co-development Partner · 22 January 2026Gas supply agreement with Pantheon Resources' wholly owned subsidiary Great Bear Pantheon LLC for Alaska LNG Phase One.
• ENSTAR Natural Gas CompanycoreStrategic or Co-development Partner · 22 January 2026Non-binding LOI for 30-year natural gas supply from Alaska LNG pipeline. ENSTAR is Alaska's largest natural gas utility serving Southcentral Alaska.
• Worley LimitedcoreImplementation/ SI/ Consulting Partner · 22 January 2026Provisionally named for EPCM services for Alaska LNG Phase One pipeline following completion of Phase One FEED work. 60+ years supporting customers in Alaska with engineering, procurement, fabrication and construction.
• Alaska Gasline Development Corporation (AGDC)coreStrategic or Co-development Partner · 22 January 2026State of Alaska corporation holds 25% ownership of Alaska LNG (8 Star Alaska) while Glenfarne holds 75% as majority owner and lead developer. AGDC has worked on Alaska LNG development for over 11 years.
• RWE Supply & TradingcoreStrategic or Co-development Partner · 15 January 2026Definitive 20-year Sales and Purchase Agreement for 1 MTPA LNG from Texas LNG. RWE is one of Europe's leading energy companies. Agreement completes Texas LNG's offtake portfolio.
• Donlin GoldcoreStrategic or Co-development Partner · 7 January 2026LOI for up to 50 MMcfd of natural gas supply and cooperation on 315-mile gas pipeline and power plant to supply the Donlin Gold mine. One of the largest known undeveloped gold deposits in the world.
• Metlen Energy & MetalscoreStrategic or Co-development Partner · 23 December 2025Seller of 909 MW solar and battery storage assets in Chile. Transaction valued at $865 million. Metlen is a multinational industrial and energy company listed on Athens Stock Exchange.
• POSCO InternationalcoreStrategic or Co-development Partner · 4 December 2025Strategic partnership including steel supply for 807-mile pipeline, 20-year HOA for 1 MTPA LNG offtake, and pre-FID capital investment. POSCO is Korea's largest steel producer and major LNG importer. This represents the first HOA signed for Alaska LNG.
• Macquarie EnergycoreStrategic or Co-development Partner · 3 December 2025Definitive 20-year Sales and Purchase Agreement for 0.5 MTPA LNG from Texas LNG. Global trading and financial services group.
• CPC Corporation TaiwancoreStrategic or Co-development Partner · 1 December 2025Preliminary agreement for LNG offtake from Alaska LNG. CPC is Taiwan's national oil and gas company.
• Baker HughescoreTechnology or Integration · 10 November 2025Baker Hughes signed definitive agreements to supply main refrigerant compressors for Alaska LNG's LNG terminal and power generation equipment for the North Slope gas treatment plant. Baker Hughes also made a strategic investment in Alaska LNG. This alliance brings gas technology solutions and equipment expertise to the project.
• Tokyo GascoreStrategic or Co-development Partner · 24 October 2025LOI for 1 MTPA LNG offtake from Alaska LNG. Tokyo Gas is Japan's largest city gas supplier serving around 13 million customers. Pioneer of LNG industry with first Alaska LNG purchase 55 years ago.
• JERAcoreStrategic or Co-development Partner · 10 September 2025LOI for 1 MTPA LNG offtake for 20 years from Alaska LNG. JERA is Japan's largest power generation company and one of the world's largest LNG buyers. Agreement builds on 50-year LNG history between Alaska and Japan.
• GunvorcoreStrategic or Co-development Partner · 10 September 2025Definitive 20-year Sales and Purchase Agreement for 0.5 MTPA LNG from Texas LNG. Gunvor is one of the world's largest independent commodities trading houses.
• PTT Public Company LimitedcoreStrategic or Co-development Partner · 23 June 2025Cooperation Agreement for 2 MTPA LNG offtake for 20 years. PTT is Thailand's largest publicly traded company and national oil and gas company with BBB+ investment grade rating. Agreement witnessed by Thailand's Permanent Secretary of Energy.

Scale indicators14 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Excelerate Energy: Owns and operates floating LNG regasification terminals (FSRUs) and is developing fixed LNG infrastructure. Comparable as an LNG infrastructure developer with a focus on flexible, smaller-scale LNG solutions and trading integration.
• Venture Global LNG: Major US LNG export terminal developer and operator (Calcasieu Pass, Plaquemines, CP2) with rapid FID-to-production cycle. Directly comparable to Glenfarne as a portfolio LNG developer pursuing long-term Asian/European offtake contracts, though at a much larger scale.
• NextDecade: Developer of Rio Grande LNG in Texas with carbon capture integration, targeting FID and long-term offtake with Asian/European buyers. Closely comparable to Texas LNG on technology approach (modular, lower-emission) and Asian offtake focus.
• Tellurian: Developer of Driftwood LNG in Louisiana with integrated upstream (Haynesville production) and downstream (LNG marketing via Bechtel partnerships). Comparable as an integrated LNG developer pursuing FID, though Tellurian has experienced significant execution challenges.
• New Fortress Energy: Develops LNG infrastructure including floating storage regasification and small-to-mid scale LNG terminals serving international markets. Comparable as a private-stage LNG infrastructure developer with focus on flexible offtake structures.

Broad incumbents

• Sempra Infrastructure: Develops and operates Cameron LNG (Louisiana) and Port Arthur LNG (Texas) plus Mexican energy infrastructure. Comparable as a North American LNG and broader energy infrastructure developer with similar long-term offtake strategy.
• Energy Transfer: Large-scale US midstream and natural gas infrastructure operator with significant pipeline, LNG (Lake Charles), and NGL exposure. Comparable as a North American midstream/LNG infrastructure platform with offtake into Gulf Coast LNG terminals.
• Cheniere Energy: Largest US LNG exporter operating Sabine Pass and Corpus Christi terminals with established Asian/European offtake. Comparable as a US LNG export platform, though at much larger operational scale and with mature cash flow generation.
• Williams Companies: Major US natural gas midstream operator with extensive pipeline network, gathering and processing, and LNG-feedstock supply. Comparable to Glenfarne's midstream role for Alaska LNG pipeline and broader gas infrastructure positioning.
• AES Corporation: Major US-based power generation company with substantial Latin American renewable and grid stability operations. Comparable as a parent of EnfraGen-like operations in Chile, Colombia, and Central America, with a similar renewables + grid services platform.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/glenfarne-group-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Glenfarne Group