Alternative Capital Funds US Energy

Private capital from insurance arms of firms like Apollo and Blackstone is reshaping US energy finance. Alternative investors have backed major LNG and pipeline projects with over twenty billion dollars in two thousand twenty six.

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FILE PHOTO: Model of LNG tanker is seen in front of the U.S. flag in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

Alternative asset managers deployed $20.35B into United States LNG and midstream projects through late September 2026. The total more than doubles the $10.18B recorded across all of 2024. Insurance capital is reshaping energy financing as developers race to meet soaring demand from AI infrastructure.

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